This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v5 · On the chart
Custom Pattern Detection
This indicator identifies multi-leg custom harmonic or structural patterns on the price chart based on pivot high and low points.
Repaints
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code401
Settings31inputs
LicenceNone stated
Last update8 months ago25 Feb 2026
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
Custom Pattern Detection calculates Zigzag trendlines using a configurable lookback period and filters pattern segments (AB, BC, CD, DE, EF) using target Fibonacci ratios. When detected patterns match the specified ratios, it draws filled polylines over the pattern shapes. It also includes an option to project a visual sample of the custom pattern offset from the current bar.
- Pivot-based Zigzag line calculation
- Customizable Fibonacci ratio rules for pattern legs
- Polyline pattern drawing with colored fills
- Visual preview of user-configured patterns
Details
Published by
regalouisei on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot lookback | int | 5 | pivot_lb |
| Plot Zigzag lines | bool | true | plot_zigzag |
| zigzg_color | color | color.new(color.yellow, 90) | zigzg_color |
| Detect Patterns | bool | true | detect_pattern |
| Pattern Line Color | color | color.new(dark_green, 0) | poly_line_color |
| Pattern Line width | int | 2 | poly_line_width |
| Pattern Fill Color | color | color.new(dark_green, 90) | fill_color |
| Show Custom Pattern | bool | true | create_pattern |
| Custom Pattern Line color | color | dark_red | pattern_line_color |
| Custom Pattern Offset | int | 5 | offset |
| XA Points | float | -20.5 | xa_points |
| AB | bool | true | use_ab |
Show all 31 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| ab_source | string | XA | ab_source |
| ab_fp | float | 0.5 | ab_fp |
| ab_tp | float | 1.0 | ab_tp |
| BC | bool | true | use_bc |
| bc_source | string | AB | bc_source |
| bc_fp | float | 0.8 | bc_fp |
| bc_tp | float | 1.0 | bc_tp |
| CD | bool | true | use_cd |
| cd_source | string | BC | cd_source |
| cd_fp | float | 1.0 | cd_fp |
| cd_tp | float | 1.5 | cd_tp |
| DE | bool | true | use_de |
| de_source | string | CD | de_source |
| de_fp | float | 1.0 | de_fp |
| de_tp | float | 3.0 | de_tp |
| EF | bool | false | use_ef |
| ef_source | string | DE | ef_source |
| ef_fp | float | 1.0 | ef_fp |
| ef_tp | float | 3.0 | ef_tp |
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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