The Dereköy-Darvas indicator combines Darvas Box boundary levels with dual Bollinger Bands plotted directly on the main price chart. It calculates top and bottom box lines based on recent high and low extremes to outline price consolidation zones. Simultaneous
Indicator · Pine Script v5 · On the chart
ATR Levels + CALL/PUT
This overlay indicator plots ATR-based horizontal levels around the previous close of a selected higher timeframe.
Repaints
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code198
Settings18inputs
LicenceNone stated
Last update5 months ago27 May 2026
Add It to Your TradingView Chart
- 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
A trading-type input maps day, multiday, swing, position, and long-term modes to daily through yearly periods. It draws trigger bands from a percentage of ATR, optional Fibonacci multiples, and extensions, and can label directional bias as CALL or PUT. Fast, pivot, and slow EMAs define a stacked bullish or bearish trend. An info label and level colors are optional. It requests higher-timeframe data with lookahead enabled, so levels can use unfinished period values.
- ATR trigger bands around previous close
- Optional Fibonacci multiples and extensions
- CALL and PUT directional labels
- EMA stack trend bias
- Trading-type higher-timeframe selector
Details
Published by
g-moe on GitHub
Code credit
goodgains, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Moving averages, Breakout
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Trading Type | string | day_trading | trading_type |
| Use Options Labels | bool | true | use_options_labels |
| ATR Length | int | 14 | atr_length |
| Trigger Percentage | float | 0.236 | trigger_percentage |
| Previous Close Level Color | color | color.white | previous_close_level_color |
| Lower Trigger Level Color | color | color.yellow | lower_trigger_level_color |
| Upper Trigger Level Color | color | color.aqua | upper_trigger_level_color |
| Key Target Level Color | color | color.silver | key_target_level_color |
| ATR Target Level Color | color | color.white | atr_target_level_color |
| Intermediate Target Level Color | color | color.gray | intermediate_target_level_color |
| Show All Fibonacci Levels | bool | false | show_all_fibonacci_levels |
| Show Extensions | bool | true | show_extensions |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Level Size | int | 2 | level_size |
| Show Info Label | bool | true | show_info |
| Use Current Close | bool | false | use_current_close |
| Fast EMA | int | 8 | fast_ema |
| Pivot EMA | int | 21 | pivot_ema |
| Slow EMA | int | 34 | slow_ema |
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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