Indicator · Pine Script v5 · On the chart

HH-LL Buy/Sell + EMA

by vinitpatil519

This overlay indicator classifies market structure with an ATR-based ZigZag that marks higher highs, higher lows, lower highs, and lower lows.

View on GitHub

GitHub stars5on the repository
Pine versionv5runs as is
Lines of code241
Settings17inputs
LicenceNone stated
Last update2 months ago19 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

A state machine plots buy and sell labels on the confirmation bar, not on the earlier pivot, and by default waits for bar close so the signal does not flicker intrabar. Sensitivity and ZigZag length set the reversal size, and each leg freezes its ATR threshold. Optional support and resistance lines, broken-level bar colors, and two EMAs are drawn on the price chart.

Details

Published by

vinitpatil519 on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Support & resistance, Moving averages, SMC / ICT / price action

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.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
ZigZag Period (ATR length)int4zigzagPeriod
Reversal Sensitivity (x ATR)float1.0revMultiplier
Show ZigZagbooltrueshowZigzag
Show Support/ResistancebooltrueshowSR
Change Bar Color if S/R BrokenbooltruechangeBarColor
Show HHboolfalseshowHH
Show LHboolfalseshowLH
Show HLboolfalseshowHL
Show LLboolfalseshowLL
Show Buy/Sell SignalsbooltrueshowSignals
Signal StylestringLabelsignalStyle
Signal Distance (x ATR)float0.35sigOffsetMult
Show all 17 settings
SettingTypeDefaultVariable
Confirm Signals On Bar ClosebooltrueconfirmOnClose
Show EMA 50booltrueshowEMA50
Show EMA 200booltrueshowEMA200
EMA Fast Lengthint50emaFastLen
EMA Slow Lengthint200emaSlowLen
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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