by 
This overlay indicator marks call and put setups from EMAs, RSI, MACD, and a SPY volume ratio. A call needs higher highs, RSI above its minimum, rising MACD, above-average proxy volume, and a rising trend EMA; a put reverses those tests. Early markers use an E
Indicator · Pine Script v6 · On the chart
HTF / Power Play Levels
This indicator detects High Tight Flag (HTF) and Power Play chart patterns on the price chart.
GitHub stars2on the repository
Pine versionv6current
Lines of code100
Settings16inputs
LicenceCustom licence
Last update3 months ago10 Jul 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
HTF / Power Play Levels measures pole gain, flag consolidation duration, and depth, while checking for volume dry-up and moving average trend alignment. When a pattern qualifies, it plots breakout pivot levels, a swing-low stop-loss line, and R-multiple price targets directly on the chart. Key inputs configure pole gains, consolidation lengths, maximum depth, volume thresholds, and risk-reward ratios. It also optionally displays a 10-period EMA for pullback tracking.
- High Tight Flag pattern detection
- Power Play pattern identification
- Breakout pivot and swing-low stop plotting
- R-multiple price target levels
- Volume dry-up analysis
Details
Published by
mirkothepirko on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Breakout, Support & resistance, Volume, Moving averages
Markets
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| HTF: Mast min. Gewinn % | float | 90.0 | poleMinGain |
| HTF: Flagge max. Tiefe % | float | 25.0 | flagMaxDepth |
| HTF: Flagge min. Tage | int | 5 | flagMinDays |
| HTF: Flagge max. Tage | int | 25 | flagMaxDays |
| Mast max. Tage | int | 40 | poleMaxDays |
| PP: min. Gewinn % | float | 100.0 | ppMinGain |
| PP: Basis min. Tage | int | 10 | ppBaseMinDays |
| PP: Basis max. Tage | int | 30 | ppBaseMaxDays |
| max. % unter Pivot | float | 8.0 | nearPivotMax |
| Volumen-Austrocknung < | float | 0.65 | volDryup |
| Pivot Lookback (Bars) | int | 20 | pivotLookback |
| Stop: Swing-Low der letzten N Bars | int | 7 | swingLookback |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Risiko-Warnung ab % | float | 5.0 | maxRiskPct |
| 1. Ziel = x Risiko (risikofrei) | float | 1.5 | targetR1 |
| 2. Ziel = x Risiko | float | 2.0 | targetR2 |
| 10 EMA anzeigen (Pullback/Trail) | bool | true | show10ema |
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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