This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre
Indicator · Pine Script v5 · On the chart
GCR Inflection Point Scanner
This indicator detects contrarian inflection points and potential market reversals by combining sentiment, volume, and price action metrics directly on the price chart.
GitHub stars8on the repository
Pine versionv5runs as is
Lines of code338
Settings22inputs
LicenceNone stated
Last update7 weeks ago5 Sep 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
GCR Inflection Point Scanner evaluates overbought and oversold conditions with the RSI and Stochastic oscillators, highlights volume spikes and climactic exhaustion relative to a volume moving average, and tracks price touches against Bollinger Bands. Additionally, it factors in triple EMA trend filters and momentum divergence. Users can adjust oscillator boundaries, volume multipliers, band deviations, and pivot lookbacks, while toggling visual zones and alerts.
- Sentiment extreme detection using RSI and Stochastic oscillators
- Volume spike and exhaustion multiplier tracking
- Bollinger Band and ATR price extremity filters
- Triple EMA trend baseline analysis
- Momentum divergence detection with configurable lookback
Details
Published by
jmragsdale on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Oscillators & momentum, Volatility & bands, Divergence, Mean reversion
Markets
Crypto, Stocks
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.
Topics
algorithmic-tradingbreakoutfintechmomentumpinescriptstock-scannerswing-tradingtechnical-analysisthinkorswimthinkscript
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 14 | rsi_length |
| RSI Overbought | float | 75 | rsi_ob |
| RSI Oversold | float | 25 | rsi_os |
| Stochastic Length | int | 14 | stoch_length |
| Stoch Overbought | float | 80 | stoch_ob |
| Stoch Oversold | float | 20 | stoch_os |
| Volume MA Length | int | 20 | vol_ma_length |
| Volume Spike Multiplier | float | 2.0 | vol_spike_mult |
| Exhaustion Volume Mult | float | 2.5 | vol_exhaustion_mult |
| Bollinger Band Length | int | 20 | bb_length |
| BB Standard Deviation | float | 2.0 | bb_mult |
| ATR Length | int | 14 | atr_length |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot Left Bars | int | 5 | pivot_left |
| Pivot Right Bars | int | 2 | pivot_right |
| Fast EMA | int | 9 | ema_fast |
| Slow EMA | int | 21 | ema_slow |
| Trend EMA | int | 50 | ema_trend |
| Divergence Lookback | int | 30 | div_lookback |
| Enable Divergence Detection | bool | true | enable_divergence |
| Show Entry Signals | bool | true | show_signals |
| Show Extreme Zones | bool | true | show_zones |
| Enable Alerts | bool | true | alert_enabled |
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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