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
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.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Intraday Threshold 1 (%)
float
4.7
intradayThreshold1
Intraday Threshold 2 (%)
float
7.0
intradayThreshold2
Intraday Threshold 3 (%)
float
9.5
intradayThreshold3
Intraday Threshold 4 (%)
float
12.0
intradayThreshold4
Intraday Threshold 5 (%)
float
15.0
intradayThreshold5
Intraday Threshold 6 (%)
float
18.0
intradayThreshold6
Daily Close Threshold (%)
float
3.3
dailyCloseThreshold
Cross-Down Level 1
float
67000.0
ladderLevel1
Cross-Down Level 2
float
65000.0
ladderLevel2
Cross-Down Level 3
float
63000.0
ladderLevel3
Cross-Down Level 4
float
61000.0
ladderLevel4
Cross-Down Level 5
float
59000.0
ladderLevel5
Show all 15 settings
Setting
Type
Default
Variable
Cross-Down Level 6
float
57000.0
ladderLevel6
Cross-Down Level 7
float
55000.0
ladderLevel7
Cross-Down Level 8
float
54000.0
ladderLevel8
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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