OPEN-SOURCE SCRIPT
Hybrid Forecast
Hybrid Forecast is a chart-overlay indicator built to organize short-term directional ideas into something more useful than a simple buy or sell marker. Instead of only printing a signal, it projects a target zone, shows the expected path, and marks an invalidation level so the setup is easier to read as a complete trade idea rather than a standalone arrow. The purpose of the script is not to predict every move. The purpose is to make short-horizon market structure easier to interpret by combining signal direction, projected destination, and visible failure points in one clean layout.
The reason this script exists is simple: many indicators either do too little or show too much. Some only mark entries and leave the rest to the trader. Others cover the chart in so many objects and statistics that the decision actually gets harder. Hybrid Forecast was built to sit in the middle. It tries to keep the chart readable while still giving enough context to understand where price may be headed, where the idea breaks down, and how the current settings are behaving over time. That is also the style used in many of the stronger TradingView descriptions: explain the problem, explain the tool’s role, and explain the workflow in practical terms rather than hype.
At a high level, the script blends a live directional engine with a memory-based forecast layer. The live side evaluates current price behavior, slope, persistence, trend quality, volatility, and expansion. The memory side compares the current setup to prior stored conditions and contributes forecast information when the match quality is good enough. The result is a hybrid forecast process that is meant to be more adaptive than a fixed signal model while still staying compact and readable on the chart. In the current script, that hybrid structure is visible through the live-versus-memory blending controls, stored setup memory, neighbor search logic, and forecast projection workflow.
What you see on the chart is intentionally limited to the parts that help with decision-making. The script can show entry triggers, a projected forecast zone, a projection arrow, a stop-loss or invalidation line, optional target labels, and optional high-quality badges for the strongest setups. The idea is to present a forecast as a small package: direction, projected zone, and a clear line where the trade idea is likely wrong. That is why the forecast zone and the invalidation line matter just as much as the trigger marker itself.
The dashboard is intentionally small. It is not meant to be a developer console. It is there to answer a few practical questions quickly. “Samples” shows how many completed forecasts have already been graded. “Right Direction” shows how often price moved the expected way. “Reached Target” shows how often price got into the projected zone. “Strong Setups” shows how the highest-quality setups are performing. “Main Blocker” tells you the biggest reason the script is not printing more signals right now. “Profile Mode” simply reflects the current signal frequency profile. Those are the only stats most traders need during live use, and the rest is deliberately kept out of the public HUD.
The main public control is Signal Frequency. Conservative is more selective and tends to wait for cleaner structure. Balanced is the best starting point for most users and is the intended default. Active is more responsive and will generally produce more opportunities, but naturally it also asks the trader to tolerate more noise. The other important public controls are Forecast Horizon, which changes how far the projection extends, Forecast Zone Multiplier, which changes the size of the target area, and the visual toggles, which let you simplify the chart if you only want the most important objects displayed. The current defaults are built around a short forecast horizon, so the script is most naturally suited to intraday use rather than very slow swing-style forecasting.
The best way to use Hybrid Forecast is to treat it as a structured decision-support tool, not as a promise engine. Start with the Balanced profile. Keep the chart clean. Watch how the trigger, projection zone, and stop-loss line relate to each other. If the script is quiet, check the Main Blocker row before loosening settings. If the chart feels too busy, reduce the number of visible setups or disable labels and badges. Bar Replay is the best place to get familiar with how the forecast behaves because it lets you judge the sequence of signal, projected zone, and invalidation the way it would have appeared in real time.
In practical use, this script is best for traders who want a compact overlay for short-term direction, projected destination, and invalidation without stacking multiple separate tools on the chart. It is especially suitable for intraday traders who think in terms of continuation, reversal, target reach, and failed structure rather than just raw entry markers. Since the current default forecast horizon is short, lower intraday timeframes are the most natural fit, while slower charts may require some adjustment to horizon and signal density.
Like any indicator, Hybrid Forecast has limitations. Forecast zones can miss. Strong-looking setups can still fail. Lower timeframes naturally contain more noise. The dashboard percentages only become meaningful after enough samples build up. And because this is an indicator, not a full strategy or execution system, it should be used with your own trade management, risk controls, and judgment.
The reason this script exists is simple: many indicators either do too little or show too much. Some only mark entries and leave the rest to the trader. Others cover the chart in so many objects and statistics that the decision actually gets harder. Hybrid Forecast was built to sit in the middle. It tries to keep the chart readable while still giving enough context to understand where price may be headed, where the idea breaks down, and how the current settings are behaving over time. That is also the style used in many of the stronger TradingView descriptions: explain the problem, explain the tool’s role, and explain the workflow in practical terms rather than hype.
At a high level, the script blends a live directional engine with a memory-based forecast layer. The live side evaluates current price behavior, slope, persistence, trend quality, volatility, and expansion. The memory side compares the current setup to prior stored conditions and contributes forecast information when the match quality is good enough. The result is a hybrid forecast process that is meant to be more adaptive than a fixed signal model while still staying compact and readable on the chart. In the current script, that hybrid structure is visible through the live-versus-memory blending controls, stored setup memory, neighbor search logic, and forecast projection workflow.
What you see on the chart is intentionally limited to the parts that help with decision-making. The script can show entry triggers, a projected forecast zone, a projection arrow, a stop-loss or invalidation line, optional target labels, and optional high-quality badges for the strongest setups. The idea is to present a forecast as a small package: direction, projected zone, and a clear line where the trade idea is likely wrong. That is why the forecast zone and the invalidation line matter just as much as the trigger marker itself.
The dashboard is intentionally small. It is not meant to be a developer console. It is there to answer a few practical questions quickly. “Samples” shows how many completed forecasts have already been graded. “Right Direction” shows how often price moved the expected way. “Reached Target” shows how often price got into the projected zone. “Strong Setups” shows how the highest-quality setups are performing. “Main Blocker” tells you the biggest reason the script is not printing more signals right now. “Profile Mode” simply reflects the current signal frequency profile. Those are the only stats most traders need during live use, and the rest is deliberately kept out of the public HUD.
The main public control is Signal Frequency. Conservative is more selective and tends to wait for cleaner structure. Balanced is the best starting point for most users and is the intended default. Active is more responsive and will generally produce more opportunities, but naturally it also asks the trader to tolerate more noise. The other important public controls are Forecast Horizon, which changes how far the projection extends, Forecast Zone Multiplier, which changes the size of the target area, and the visual toggles, which let you simplify the chart if you only want the most important objects displayed. The current defaults are built around a short forecast horizon, so the script is most naturally suited to intraday use rather than very slow swing-style forecasting.
The best way to use Hybrid Forecast is to treat it as a structured decision-support tool, not as a promise engine. Start with the Balanced profile. Keep the chart clean. Watch how the trigger, projection zone, and stop-loss line relate to each other. If the script is quiet, check the Main Blocker row before loosening settings. If the chart feels too busy, reduce the number of visible setups or disable labels and badges. Bar Replay is the best place to get familiar with how the forecast behaves because it lets you judge the sequence of signal, projected zone, and invalidation the way it would have appeared in real time.
In practical use, this script is best for traders who want a compact overlay for short-term direction, projected destination, and invalidation without stacking multiple separate tools on the chart. It is especially suitable for intraday traders who think in terms of continuation, reversal, target reach, and failed structure rather than just raw entry markers. Since the current default forecast horizon is short, lower intraday timeframes are the most natural fit, while slower charts may require some adjustment to horizon and signal density.
Like any indicator, Hybrid Forecast has limitations. Forecast zones can miss. Strong-looking setups can still fail. Lower timeframes naturally contain more noise. The dashboard percentages only become meaningful after enough samples build up. And because this is an indicator, not a full strategy or execution system, it should be used with your own trade management, risk controls, and judgment.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.