Indicator · Pine Script v6 · Own pane

Bull4Life Hunters Indicator

by berryhill

Plots a channel-based oscillator in a separate pane, in the style of the WaveTrend family, using a channel length, an average length and a short smoothing length.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code247
Settings18inputs
LicenceNone stated
Last update6 months ago15 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

Bull4Life Hunters Indicator adds a percentage line over a chosen interval and circle markers when the oscillator reaches configurable bottom and top levels, with a circle count setting. An optional multi-exchange mode and long and short take-profit percentage inputs are included. It is an indicator only and does not place orders. Credits several earlier authors in its comments.

Details

Published by

berryhill on GitHub

Type

Indicator, Pine Script v6

Draws

Separate pane below the chart

Category

Oscillators & momentum

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.

SettingTypeDefaultVariable
Channel Lengthint27n1
Average Lengthint9n2
Short lengthint3n3
Percentage Line Intervalint187n4
Bottom Circle Levelint27bottom_level
Top Circle Levelint90top_level
Circle Countint187count_length
Multi-exchange?boolfalsemulti
TP1 Long %float30tp1_long
TP2 Long %float60tp2_long
TP3 Long %float90tp3_long
TP4 Long %float150tp4_long
Show all 18 settings
SettingTypeDefaultVariable
TP5 Long %float240tp5_long
TP1 Short %float20tp1_short
TP2 Short %float30tp2_short
TP3 Short %float35tp3_short
TP4 Short %float40tp4_short
TP5 Short %float45tp5_short
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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