This indicator overlays up to five higher-timeframe candlestick groups on the price chart. For each enabled timeframe it requests open, high, low, and close and can show up to five candles, offset by a spacing setting. The main inputs set the candle count, the
Indicator · Pine Script v5 · On the chart
Chanlun Buy Sell Points Indicator
This indicator implements Chanlun (Zen Theory) structural concepts directly on the main price chart.
GitHub stars9on the repository
Pine versionv5runs as is
Lines of code224
Settings6inputs
LicenceNone stated
Last update11 months ago3 Nov 2025
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
Chanlun Buy Sell Points Indicator identifies top and bottom fractals using five-bar pivot conditions and dynamically tracks high and low arrays to plot strokes (Bi) and segments. Traders can individually toggle the visibility of fractals, strokes, segments, and buy or sell signals. Confirmed fractals are plotted with a two-bar offset. Customizable settings include lookback period limits and minimum stroke leg length for tailored structure identification.
- Chanlun top and bottom fractal detection
- Dynamic stroke (Bi) structure identification
- Configurable lookback period and leg length
- Selective toggles for visual chart elements
Details
Published by
fish992009 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Candlestick patterns
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 |
|---|---|---|---|
| 观察周期 | int | 100 | lookback |
| 最小笔长度 | int | 3 | min_leg_length |
| 显示分型 | bool | true | show_fractals |
| 显示笔 | bool | true | show_bi |
| 显示线段 | bool | true | show_segments |
| 显示买卖点 | bool | true | show_buy_sell |
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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