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
Diamond System Trend Analyzer {Morindok} by @BITMOON618 finds pivot highs and lows, then draws sine waves whose frequency comes from the bar count between successive pivots. Intensity can depend on slope, volume, or candle count, and live tables can be shown. Main settings change timeframe visibility and resolutions, source, pivot length, wave amplitude and offset, moving-average length, and close-edge distance. It has no entry or exit rules.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Show Combined Color MA Only
bool
true
show_combined
Show HTF 2
bool
false
show_htf2
HTF 2 Resolution
timeframe
60
htf2_res
Show HTF 1
bool
false
show_htf1
HTF 1 Resolution
timeframe
15
htf1_res
Show Main TF
bool
true
show_main
Show LTF 1
bool
true
show_ltf1
LTF 1 Resolution
timeframe
3
ltf1_res
Show LTF 2
bool
true
show_ltf2
LTF 2 Resolution
timeframe
1
ltf2_res
Intensity Based on Candle Count
bool
false
use_candle_count
Intensity Based on Slope
bool
true
use_slope
Show all 20 settings
Setting
Type
Default
Variable
Intensity Based on Volume
bool
true
use_volume
Source
source
close
source
Pivot Length
int
50
pivot_len
Amplitude of Waves
float
0
amplitude
Offset of Waves
float
0
offset
MA Length
int
20
ma_len
Close Edges Distance (%)
float
0.1
close_percent
Show Live Tables
bool
true
show_tables
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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