This script identifies and visualizes bullish and bearish order blocks on the price chart. It detects low-volatility consolidation ranges followed by breakout moves accompanied by high trading volume. Users can select between Simple, Relative, or Weighted volu
Indicator · Pine Script v6 · On the chart
BFI Reversal
BFI Reversal is a price-chart indicator that marks reversal and continuation setups from pivot structure, clustered zones, and scored flow.
GitHub stars1on the repository
Pine versionv6current
Lines of code871
Settings40inputs
LicenceNone stated
Last update4 days ago26 Oct 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
BFI Reversal offers balanced or aggressive early-reversal modes and a continuation-breakout mode, with asset profiles for auto, stocks, or crypto. Structure inputs set pivot period, zone width, minimum tests, and setup expiry. Flow inputs require relative volume, activity, size, and delta against score thresholds. Follow-through can demand a VWAP hold, limited retrace, and close location, while footprint confirmation stays optional and off by default. It does not place trades or define stop loss.
- Early reversal and continuation breakout modes
- Pivot zones with minimum test counts
- Relative volume, activity, and delta filters
- VWAP hold and retrace follow-through
- Optional footprint confirmation
Details
Published by
skipp-dev on GitHub
Type
Draws
On the price chart
Category
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Signal Mode | string | Early Reversal Balanced | modePreset |
| Asset Profile | string | Auto | assetProfileInput |
| Pivot Period | int | 5 | prdInput |
| Max Structure Length | int | 200 | boLenInput |
| Zone Width % | float | 3.0 | zoneWidthPctInput |
| Minimum Number of Tests | int | 2 | mintestInput |
| Cluster Candidate Limit | int | 24 | clusterCandidateLimitInput |
| Trigger Lookback Bars | int | 3 | confirmLookbackInput |
| Setup Expiry Bars | int | 6 | setupExpiryBarsInput |
| Lower Timeframe | timeframe | 1 | lowerTf |
| Relative Lookback | int | 20 | lookback |
| Min Relative Volume | float | 1.50 | minRelVolInput |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Min Relative Activity | float | 1.20 | minRelActInput |
| Min Relative AvgSize | float | 0.80 | minRelSizeInput |
| Min Absolute Delta % | float | 0.05 | minDeltaAbsPctInput |
| Setup Score Threshold | int | 4 | setupScoreThresholdInput |
| Confirm Score Threshold | int | 3 | confirmScoreThresholdInput |
| Follow-Through Window Bars | int | 3 | followThroughWindowBarsInput |
| Follow-Through Score Threshold | int | 3 | followThroughScoreThresholdInput |
| Min Close In Range % | float | 0.65 | minCloseInRangePctInput |
| Require VWAP Hold | bool | true | requireVwapHoldInput |
| Event VWAP Start | string | Setup Bar | eventVwapStartInput |
| Confirm Score Source | string | Setup Score | confirmScoreModeInput |
| Require Retrace Filter | bool | true | requireRetraceFilterInput |
| Bull Max Retrace % | float | 0.30 | bullMaxRetracePctInput |
| Bear Max Retrace % | float | 0.40 | bearMaxRetracePctInput |
| Continuation Retest Width Factor | float | 0.50 | continuationRetestWidthFactorInput |
| Require Footprint Confirm | bool | false | requireFootprintConfirmInput |
| Require Footprint Setup | bool | false | requireFootprintSetupInput |
| Require Footprint Support Signal | bool | false | requireFootprintSupportSignalInput |
| Require Reversal Context For Setup | bool | true | requireContextForSetupInput |
| Use Footprint Delta Improvement | bool | true | useFootprintDeltaImprovementInput |
| Require Imbalance Stack Confirm | bool | false | requireImbalanceStackConfirmInput |
| Require POC/VA Confirm | bool | false | requireFootprintStructureConfirmInput |
| Footprint Trigger Mode | string | POC + VAH/VAL | footprintTriggerModeInput |
| Footprint Ticks Per Row | int | 25 | footprintTicksPerRowInput |
| Footprint Value Area % | int | 70 | footprintValueAreaPctInput |
| Footprint Imbalance % | int | 300 | footprintImbalancePctInput |
| Min Imbalance Stack | int | 2 | minImbalanceStackInput |
| Setup Min Footprint Delta % | float | 0.02 | footprintSetupMinDeltaPctInput |
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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