This indicator plots two Hull moving averages on the price chart, one of the selected price and one of close, and optionally smooths both with a Kahlman filter. It fills the space between them and marks buy and sell labels when they cross, provided scaled volu
Indicator · Pine Script v6 · On the chart
Dow Theory Price Base Accumulation
An overlay with Vietnamese labels that applies Dow theory to the chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code356
Settings9inputs
LicenceNone stated
Last update7 months ago4 Mar 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
Dow Theory Price Base Accumulation finds pivot highs and lows over an adjustable length and labels each as a higher or lower high or low, adds a trend-colored background and compares volume with its moving average. It also detects a flat price base, defined by a number of candles within a maximum percentage range. A dashboard table and volume bars can be switched on or off.
- Pivot highs and lows labelled HH, LH, HL, LL
- Volume confirmation against its average
- Flat price base detection
- Trend background and dashboard table
- Adjustable pivot, EMA and volume settings
Details
Published by
hogibpro on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Volume, 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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Độ trễ dò Đỉnh/Đáy Dow (Số nến) | int | 10 | length |
| Chu kỳ EMA nhận diện KT | int | 9 | ema_len |
| Chu kỳ MA Volume | int | 20 | vol_ma_len |
| Hệ số Volume xác nhận (x MA) | float | 1.0 | vol_mult |
| Số nến tạo Nền giá (Đi ngang) | int | 5 | box_len |
| Biên độ Nền giá % (Tối đa) | float | 4.0 | box_pct |
| Hiện nền màu xu hướng | bool | true | show_bg |
| Hiện bảng Dashboard | bool | true | show_table |
| Hiện Volume bars (overlay) | bool | true | show_vol_bar |
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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