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
Combo2 draws three median-based high/low lines that flip between green and red as price crosses them, support and resistance levels from pivot bars with an optional higher timeframe, Fibonacci levels over several lookback periods, and a market-structure view with local highs and lows, a bias label, background shading and break markers. Many inputs control each part. It is written in Pine version 4 and reads other-timeframe data.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
method1
string
Median
method1
length1
int
5
length1
mult1
int
1
mult1
method2
string
Median
method2
length2
int
7
length2
mult2
int
1
mult2
method3
string
Median
method3
length3
int
10
length3
mult3
int
1
mult3
SR Level line Width
int
4
line_width
Set minimum number of bars from level start to qualify a level
int
4
level_min_lengh
Line Color
string
Orange
y
Show all 40 settings
Setting
Type
Default
Variable
Extend Level line Right
bool
false
line_extend
SR Timeframe (Beta)
timeframe
sr_tf
N Left bars
int
10
leftBars
N Right bars
int
10
rightBars
Fibo Period
int
100
FPeriod
Plot 1.618 Level?
bool
true
plotF1618
Fibo Period
int
200
FPeriod2
Fibo Period
int
56
FPeriod3
lookback window 1:
int
8
window1
lookback window 2:
int
21
window2
Resolution
timeframe
D
res2
Display Local Highs & Lows
string
Full Text
inputLabelDisplayMode
Keep Only Most Recent High & Low Label
bool
false
inputKeepOnlyLastLabel
Display Current Market Bias Label
string
Full Text
currentStateLabelDisplayMode
▻▻▻ How Many Bars Ahead to Draw Label
int
3
inputCurrentStateLabelOffset
Colour Background According to Market Bias
bool
true
inputMarketBiasBackgroundFill
Show Breaks in Market Structure
string
Reversals Only
inputShowBreakMode
Show Close Needed to Break Market Structure
bool
true
inputShowBreakLines
Show Buy The Dip, Sell The Rally
bool
true
inputShowEntries
Force Confirmation of Highs & Lows After N Bars
bool
true
inputForceConfirmation
▻▻▻ Number of Bars
int
20
inputForceBars
RSI Source
source
close
rsiSource
RSI Length
int
7
rsiLength
RSI Overbought
int
70
rsiOverbought
RSI Oversold
int
30
rsiOvesold
Period
int
14
period
HTF Timeframe
string
60
htf_timeframe
══════ general setting ══════════════════════════════
bool
false
_1
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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