Sideway Zones Live is an overlay indicator that estimates inner and outer sideways bands from recent highs and lows with a rational quadratic kernel. It tracks swing pivots over a loopback period and counts bars that remain between the outer high and low. Afte
Indicator · Pine Script v6 · On the chart
Breakout Pattern Setup
A pattern indicator on the price chart that looks for converging channels, such as triangles and wedges, from swing pivots.
GitHub stars1on the repository
Pine versionv6current
Lines of code956
Settings29inputs
LicenceNone stated
Last update2 months ago23 Aug 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 channel needs a minimum number of touches per boundary, a maximum width, a minimum convergence rate and ATR-based tolerances. Breakout signals can be filtered by a volume spike, a volume contraction check and momentum. Trade levels, a channel fill, history modes, a dashboard and a webhook format are available. Channels depend on confirmed pivots, so they appear with delay.
- Converging channel detection from pivots
- Touch count, width and convergence rules
- Volume and momentum breakout filters
- Trade levels and channel fill
- Dashboard and webhook option
Details
Published by
vedkanani123 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Breakout, Support & resistance
Markets
Any symbol
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 |
|---|---|---|---|
| Pivot Detection Length | int | 5 | pivotLenInput |
| Min Touches per Boundary | int | 2 | minTouchesInput |
| Max Channel Width (bars) | int | 120 | maxChannelBarsInput |
| Min Convergence Rate | float | 0.02 | convergenceMinInput |
| Touch Tolerance (ATR) | float | 0.15 | touchToleranceInput |
| Max Deviation (ATR) | float | 0.3 | deviationMaxInput |
| Min Channel Width (ATR) | float | 0.5 | minChannelWidthAtrInput |
| Volume Spike Mult | float | 1.2 | volConfirmInput |
| Volume Contraction Filter | bool | true | volContractionInput |
| Momentum Confirmation | bool | true | momentumFilterInput |
| Show Channel Patterns | bool | true | showPatternsInput |
| Show Breakout Signals | bool | true | showSignalsInput |
Show all 29 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Pattern Background | bool | false | showBgInput |
| Pattern History | string | Last Only | historyModeInput |
| Label Size | string | Small | labelSizeInput |
| Show Watermark | bool | true | showWatermarkInput |
| Show Channel Fill | bool | true | showFillInput |
| Line Color | color | #FFEB3B | lineColorInput |
| Line Width | int | 2 | lineWidthInput |
| Show Trade Levels | bool | true | showLevelsInput |
| SL Padding (ATR) | float | 0 | slPaddingInput |
| Label Offset (bars) | int | 20 | labelOffsetInput |
| Show Dashboard | bool | true | showDashInput |
| Position | string | Top Right | dashPosStr |
| Font Size | string | Small | dashSizeInput |
| Theme | string | Auto | themeInput |
| Bull | color | #00E676 | bullColorInput |
| Bear | color | #FF5252 | bearColorInput |
| Webhook JSON Format | bool | false | webhookInput |
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.
Similar Pine Scripts
This indicator identifies High Of Low Price (HOLP) and Low Of High Price (LOHP) candlestick setups based on price extremes over a specified lookback period. A HOLP signal triggers when the current bar closes above the high of a recent session low, whereas a LO
This indicator plots dynamic support and resistance levels on the price chart. It detects pivot highs and lows using the pivot length and tracks touches to build strength-based levels. Support and resistance zones appear as colored boxes while lines mark key l
This indicator calculates and plots Donchian Channels directly on the price chart. It determines the highest high and lowest low over a user-selected lookback period using an optimized monotonic deque algorithm, as well as a middle basis line computed as their
This indicator tracks bar lows during consecutive rising highs using Pine Script arrays. When at least four lows accumulate or the price breaches the minimum low in the stack, the script sorts the recorded lows in ascending order and flushes them. It plots up
This indicator tracks smart money market structure directly on the price chart. It calculates dual-period swing highs and swing lows to detect Changes of Character (CHoCH), Breaks of Structure (BOS), inducements, and liquidity sweeps. When structural levels ar
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers