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Indicator · Pine Script v6 · Own pane
DEPV2 C1b · HEDEF MESAFESİ
This indicator calculates the distance in ATR units to the nearest higher timeframe OHLC level from the current close price.
GitHub stars1on the repository
Pine versionv6current
Lines of code104
Settings1inputs
LicenceNone stated
Last update11 days ago17 Oct 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
DEPV2 C1b · HEDEF MESAFESİ identifies the closest level above or below the price and computes the average of near and big levels distances. The script plots weekly, monthly, and yearly OHLC levels in a separate pane along with target distance values. The main setting adjusts the ATR length used for normalization. It runs on the 15-minute chart and draws levels and distances on the price chart.
- ATR normalized target distance
- HTF OHLC level finder
- Weekly monthly yearly plots
- Nearest level selection
- Average distance calculation
Details
Published by
YuceSezar89 on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Support & resistance, Volatility & bands
Markets
Forex
Timeframes
M15-H1, H4 and above
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 |
|---|---|---|---|
| ATR Length (atrPeriod) | int | 10 | atrPeriod |
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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