This indicator detects institutional or large-scale market activity using candle body size and trading volume. It compares current candle bodies against a 20-period simple moving average and checks for volume spikes above an adjustable moving average filter. I
Indicator · Pine Script v6 · On the chart
Exhaustion Reversal Pattern Scorer
This indicator scores a short-side exhaustion pattern after an up-move on a scale of 0 to 10, as a screening aid rather than a trading system.
GitHub stars1on the repository
Pine versionv6current
Lines of code347
Settings29inputs
LicenceCustom licence
Last update2 months ago7 Aug 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
Points come from a long upper wick, a bullish fair value gap, a lower or equal second swing high, a break of swing-low support or a rising trendline, and expanded volume. Watch and ready thresholds trigger alerts. A dashboard, score label and component markers draw on the price chart.
- Five-part exhaustion score
- Long upper wick and fair value gap checks
- Support and trendline break detection
- Watch and ready alert thresholds
Details
Published by
jayadevrana on GitHub
Type
Draws
On the price chart
Markets
Timeframes
M1-M5
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.
Repository
Topics
indicatormarket-structurepine-scriptpinescript-v6supply-demandtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pattern window (bars) | int | 30 | winBars |
| WATCH score threshold | int | 5 | watchLvl |
| READY score threshold | int | 8 | readyLvl |
| Evaluate on confirmed (closed) bars only | bool | true | confirmOnly |
| Enforce pattern sequencing | bool | false | enforceSeq |
| Enable Long-Tail detection | bool | true | useTail |
| Upper wick >= x body | float | 1.5 | wickBodyMult |
| Upper wick >= fraction of range | float | 0.5 | wickRangeFrac |
| Up-move lookback (bars) | int | 10 | runLen |
| Minimum up-move % | float | 1.0 | runMinPct |
| Enable bullish FVG detection | bool | true | useFvg |
| Minimum gap size % | float | 0.05 | fvgMinPct |
Show all 29 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Draw most-recent FVG box | bool | true | showFvg |
| Enable HH2-vs-HH1 check | bool | true | useHH |
| Swing-high left bars | int | 5 | hhLeft |
| Swing-high right bars | int | 5 | hhRight |
| Equal tolerance % | float | 0.1 | hhEqTolPct |
| Enable structure-break detection | bool | true | useBreak |
| - Support (swing-low) break | bool | true | useSupport |
| - Rising-trendline break | bool | true | useTrendline |
| Swing-low left bars | int | 5 | plLeft |
| Swing-low right bars | int | 5 | plRight |
| Enable selling-volume expansion | bool | true | useVol |
| Volume average length | int | 20 | volLen |
| Volume > x average | float | 1.5 | volMult |
| Show score dashboard | bool | true | showDash |
| Show score label on last bar | bool | true | showLabel |
| Show component markers | bool | true | showMarks |
| Show support / trendline levels | bool | true | showLevels |
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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