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
CISD with Fib/Range Extensions and Stats detects pullback structures filtered by ATR and volume conditions, then projects future target levels using customizable Fibonacci ratios or range multiples. Historical performance and hit statistics are aggregated and displayed in an on-screen statistics table. Users can configure pullback body thresholds, extension levels, line extension lengths, and alert notifications for bullish and bearish level breakouts.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Bull CISD
color
color.black
bullishBreakColor
Bear CISD
color
color.black
bearishBreakColor
string
+CISD
bullStr
string
-CISD
bearStr
Alert?
bool
false
bullishAlerts
Alert?
bool
false
bearishAlerts
Line Width
int
1
lineWidth
Line Extension Bars
int
5
lookAheadBars
Line Style
string
Solid (─)
styleOption
Keep old CISD levels
bool
false
keepLevels
Enable stat table
bool
true
showTable
Table Position
string
Top Right
tablePosition
Show all 26 settings
Setting
Type
Default
Variable
Min Pullback Body % of Prev Range
int
20
pullbackBodyPct
Use Volume Filter
bool
false
useVolumeFilter
Volume Lookback Period
int
20
volumeLookback
Volume Threshold Multiplier
float
1.5
volumeThreshold
Use ATR Filter
bool
false
useATRFilter
ATR Length
int
14
atrLength
ATR Multiplier
float
1.0
atrMultiplier
Extension Type
string
None
extensionType
Fibonacci Extension Levels
string
1.618, 2.618, 4.236
fibLevels
Range Multiples
string
1, 2, 3
rangeMultiples
Extension Line Length (Bars)
int
5
extBarLength
Fibonacci Extension Color
color
color.blue
fibLineColor
Range Multiples Color
color
color.purple
rangeLineColor
Hit Tolerance (ATR Multiplier)
float
0.5
hitTolerance
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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