Overlay indicator that combines several detection pipelines on the price chart: high-volume candles with large displacement, a PBJ trend filter built from a moving average and Supertrend, and relative-volume lanes.
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
Markers appear when these conditions coincide on a bar. Settings pick the displacement range type, standard deviation length and multiplier, which volume lookbacks from 50 to 1000 bars count, an all-time high volume option, higher-timeframe profiles, and an optional first-candle-of-day requirement. Alerts can be aggregated into one message. Many markers can crowd the chart.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
First Candle of Day Required
bool
false
en_firstBarOnly
Aggregate Alerts
bool
true
en_aggregate
Range Type
string
Open to Close
d1_type
Std Dev Length
int
100
d1_len
Std Dev Multiplier
float
5.0
d1_mult
Range Type
string
Open to Close
d2_type
Std Dev Length
int
100
d2_len
Std Dev Multiplier
float
4.0
d2_mult
Range Type
string
Open to Close
d3_type
Std Dev Length
int
100
d3_len
Std Dev Multiplier
float
2.5
d3_mult
50-Bar
bool
true
ub50
Show all 40 settings
Setting
Type
Default
Variable
75-Bar
bool
true
ub75
100-Bar
bool
true
ub100
150-Bar
bool
true
ub150
200-Bar
bool
true
ub200
250-Bar
bool
true
ub250
300-Bar
bool
true
ub300
350-Bar
bool
true
ub350
400-Bar
bool
true
ub400
450-Bar
bool
true
ub450
500-Bar
bool
true
ub500
550-Bar
bool
true
ub550
600-Bar
bool
true
ub600
650-Bar
bool
true
ub650
700-Bar
bool
true
ub700
750-Bar
bool
true
ub750
1000-Bar
bool
true
ub1000
All-Time High Volume (HEV)
bool
true
useHEV
Enable HTF Profile 1
bool
true
h1On
From TF
string
15 Min
h1From
To TF
string
2 Hour
h1To
5-Bar
bool
false
uh1_5
10-Bar
bool
false
uh1_10
20-Bar
bool
true
uh1_20
25-Bar
bool
true
uh1_25
30-Bar
bool
true
uh1_30
40-Bar
bool
true
uh1_40
50-Bar
bool
true
uh1_50
60-Bar
bool
true
uh1_60
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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