Indicator · Pine Script v5 · On the chart

D-Shape Breakout Signals [LuxAlgo]

by regalouisei· code credited to LuxAlgo

This overlay indicator looks for swing highs and lows and draws D-shaped patterns around them on the price chart.

View on GitHub

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code327
Settings11inputs
LicenceNone stated
Last update8 months ago25 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Historical patterns can be shown as arcs, midlines, or both, with optional color fill and a line connecting the swing level. A breakout flag, trend state, and upper and lower trailing levels are tracked in the code. Swing length controls pivot lookback, while minimum pattern count, D-width, and the included swing type change how patterns are kept and sized. Label size and bull, bear, and neutral colors affect the display. No trade entries, exits, or stop rules are defined.

Details

Published by

regalouisei on GitHub

Code credit

LuxAlgo, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Breakout, 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.

SettingTypeDefaultVariable
Swing Lengthint50left
Minumum Patternsint1binSize
D-Widthint100cWidth
Included SwingsstringSwing High/Lowswings
Style Historical PatternsstringArcstyleD
Label SizestringSmallLabel Size
Bull color#089981cBull
Bearcolor#f23645cBear
Neutralcolor#085defcNeut
Connecting Swing Levelbooltrueorigine
Color FillbooltrueiFill
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.

Similar Pine Scripts

Sideway Zones Live

by dearvn
257 stars

Sideway Zones Live is an overlay indicator that estimates inner and outer sideways bands from recent highs and lows with a rational quadratic kernel. It tracks swing pivots over a loopback period and counts bars that remain between the outer high and low. Afte

Indicator v5 TrendSupport & resistance
Updated 6 weeks ago · None stated GitHub repository of Sideway Zones Live
219 stars

This indicator identifies High Of Low Price (HOLP) and Low Of High Price (LOHP) candlestick setups based on price extremes over a specified lookback period. A HOLP signal triggers when the current bar closes above the high of a recent session low, whereas a LO

Indicator v5 Candlestick patternsBreakout
Updated 1 year ago · None stated GitHub repository of Candlestick Patterns - HOLP-LOHP
218 stars

This indicator plots dynamic support and resistance levels on the price chart. It detects pivot highs and lows using the pivot length and tracks touches to build strength-based levels. Support and resistance zones appear as colored boxes while lines mark key l

Indicator v6 Support & resistanceBreakout
Updated 3 months ago · None stated GitHub repository of Dynamic Support & Resistance

Donchian Channels (DC)

by mihakralj
99 stars

This indicator calculates and plots Donchian Channels directly on the price chart. It determines the highest high and lowest low over a user-selected lookback period using an optimized monotonic deque algorithm, as well as a middle basis line computed as their

Indicator v6 Volatility & bandsSupport & resistance
Updated 4 weeks ago · Apache-2.0 GitHub repository of Donchian Channels (DC)

Lows from New Highs

by be-thomas
65 stars

This indicator tracks bar lows during consecutive rising highs using Pine Script arrays. When at least four lows accumulate or the price breaches the minimum low in the stack, the script sorts the recorded lows in ascending order and flushes them. It plots up

Indicator v4 Support & resistanceBreakout
Updated 4 days ago · GPL-3.0 GitHub repository of Lows from New Highs

This indicator tracks smart money market structure directly on the price chart. It calculates dual-period swing highs and swing lows to detect Changes of Character (CHoCH), Breaks of Structure (BOS), inducements, and liquidity sweeps. When structural levels ar

Indicator v5 SMC / ICT / price actionSupport & resistance
Updated 1 year ago · Apache-2.0 GitHub repository of Market Structure with Inducements & Sweeps [LuxAlgo]

More indicators

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers