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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
BTCUSD Short Only
A Pine v6 indicator that looks for short setups using a 5-period EMA on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code200
Settings2inputs
LicenceNone stated
Last update7 weeks ago9 Sep 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
BTCUSD Short Only finds runs of candles that stay entirely above the EMA, waits for a close below the low of that run, then waits for a pullback to that level before marking a short entry, with a minimum gap between entries. A risk-reward input sets simulated target boxes, and win and loss counts are tracked. It places no real orders.
- 5 EMA line on the chart
- Detection of candle runs that stay above the EMA
- Breakdown confirmation and pullback retest entry
- Simulated stop and target boxes with a risk-reward input
- Short side only
Details
Published by
Pr-ashant-pawar on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Breakout
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Length | int | 5 | emaLen |
| Risk-Reward Ratio | float | 1.0 | rrRatio |
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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