1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
The pivot period can follow the chart automatically or be fixed from daily up to multi-year. Each of the pivot, support and resistance levels, up to five of each, has its own colour and visibility switch. Settings cover how many historical sets to keep, labels, prices, label position and line width, and whether to use daily-based values. It requests higher-timeframe data with lookahead.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Type
string
Fibonacci
pivotTypeInput
Pivots Timeframe
string
Auto
pivotAnchorInput
Number of Pivots' Set to Show
int
2
maxHistoricalPivotsInput
Use Daily-based Values
bool
true
isDailyBasedInput
Show Labels
bool
true
showLabelsInput
Show Prices
bool
true
showPricesInput
Labels Position
string
Right
positionLabelsInput
Line Width
int
1
linewidthInput
P
color
DEFAULT_COLOR
pColorInput
pShowInput
bool
true
pShowInput
S1
color
DEFAULT_COLOR
s1ColorInput
s1ShowInput
bool
true
s1ShowInput
Show all 30 settings
Setting
Type
Default
Variable
R1
color
DEFAULT_COLOR
r1ColorInput
r1ShowInput
bool
true
r1ShowInput
S2
color
DEFAULT_COLOR
s2ColorInput
s2ShowInput
bool
true
s2ShowInput
R2
color
DEFAULT_COLOR
r2ColorInput
r2ShowInput
bool
true
r2ShowInput
S3
color
DEFAULT_COLOR
s3ColorInput
s3ShowInput
bool
true
s3ShowInput
R3
color
DEFAULT_COLOR
r3ColorInput
r3ShowInput
bool
true
r3ShowInput
S4
color
DEFAULT_COLOR
s4ColorInput
s4ShowInput
bool
true
s4ShowInput
R4
color
DEFAULT_COLOR
r4ColorInput
r4ShowInput
bool
true
r4ShowInput
S5
color
DEFAULT_COLOR
s5ColorInput
s5ShowInput
bool
true
s5ShowInput
R5
color
DEFAULT_COLOR
r5ColorInput
r5ShowInput
bool
true
r5ShowInput
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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