Indicator · Pine Script v5 · Own pane

BTC Dip Alerts HQ

by gabriel-chiappa

An alert-generation indicator for Bitcoin charts that places no orders.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code120
Settings15inputs
LicenceNone stated
Last update6 months ago12 Apr 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

BTC Dip Alerts HQ watches for intraday drops from the reference open at six adjustable percentage thresholds, a daily close drop threshold, and price crossing down through a ladder of eight adjustable price levels. When a condition is met it sends an alert message containing structured JSON with the symbol, timeframe, trigger and price, meant for a webhook receiver. It runs in a separate pane.

Details

Published by

gabriel-chiappa on GitHub

Type

Indicator, Pine Script v5

Draws

Separate pane below the chart

Category

Support & resistance

Markets

Crypto

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.

SettingTypeDefaultVariable
Intraday Threshold 1 (%)float4.7intradayThreshold1
Intraday Threshold 2 (%)float7.0intradayThreshold2
Intraday Threshold 3 (%)float9.5intradayThreshold3
Intraday Threshold 4 (%)float12.0intradayThreshold4
Intraday Threshold 5 (%)float15.0intradayThreshold5
Intraday Threshold 6 (%)float18.0intradayThreshold6
Daily Close Threshold (%)float3.3dailyCloseThreshold
Cross-Down Level 1float67000.0ladderLevel1
Cross-Down Level 2float65000.0ladderLevel2
Cross-Down Level 3float63000.0ladderLevel3
Cross-Down Level 4float61000.0ladderLevel4
Cross-Down Level 5float59000.0ladderLevel5
Show all 15 settings
SettingTypeDefaultVariable
Cross-Down Level 6float57000.0ladderLevel6
Cross-Down Level 7float55000.0ladderLevel7
Cross-Down Level 8float54000.0ladderLevel8
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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