This overlay indicator scores liquidity-sweep reversals on the price chart. It looks for a swing high or low violation followed by a recovery close, then grades optional conditions such as RSI and structure into a 0–2 quality score with separate long and short
Indicator · Pine Script v4 · On the chart
Cerebr Bot
Cerebr Bot is an overlay indicator that maps order blocks and fair value gaps on the price chart.
GitHub stars5on the repository
Pine versionv4older, still runs
Lines of code950
Settings17inputs
LicenceNone stated
Last update2 years ago12 May 2024
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
Cerebr Bot validates order blocks using a candle-count range, a no-body buffer, and an optional reversal-magnitude filter based on candle body or the selected method. RSI overbought and oversold thresholds, including sequenced and summed counts on a chosen timeframe, further qualify zones. Pivot lookback settings affect structure detection. Entry context uses the closest fair value gap to price. Boxes draw zone boundaries from high and low or the selected values. It does not place trades or define exits.
- Order block candle-count validation
- Reversal magnitude order block filter
- RSI sequenced overbought and oversold thresholds
- Closest fair value gap entry reference
- Higher-timeframe candle body and wick boxes
Details
Published by
jerryinyang on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
SMC / ICT / price action, Oscillators & momentum, 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 |
|---|---|---|---|
| Minimum Candle for OB Validation | int | 3 | minCand |
| Maximum Candle for OB Validation | int | 6 | maxCand |
| No-Body Candle Buffer | int | 1 | indLimit |
| Filter Orderblock by Reversal Magnitude | bool | true | useObDist |
| Method to Calculate Reversal Magnitude | string | Candle Body | distMeth |
| Reversal Distance Multiplier | float | 2 | distMult |
| What Values to use for Top/Bottom of Orderblock? | string | High/Low | obPlotMeth |
| RSI Overbought | float | 70 | i_rsiOb |
| RSI Oversold | float | 30 | i_rsiOs |
| Pivot Lookback Bars | int | 2 | lback |
| Additional Vertices Lookback | int | 1 | vertLback |
| RSI Timeframe | timeframe | | rsiRes |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Threshold Sequenced Overbought/Oversold | int | 2 | minSeqObOs |
| Threshold Non-sequenced Overbought/Oversold | int | 4 | minNsqObOs |
| Sum Sequenced/Non-sequenced Overbought/Oversold | bool | true | useSumObOs |
| Threshold Summed Overbought/Oversold | int | 4 | minSumObOs |
| What Structure Should Be Used for Entry? | string | Closest FVG to Price | i_entBuffer |
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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