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
Key Level Confluence calculates pivot highs and lows, the point of control from a simplified volume profile, VWAP, EMA50 and EMA200, Bollinger Bands, and ATR-based stop levels. Confluence is determined by agreement across these methods. Main settings adjust pivot lookback periods and volume profile lookback. It draws all levels and bands directly on the price chart. This helps identify potential reversal areas but provides no entry or exit signals.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Pivot Lookback Left
int
10
leftBars
Pivot Lookback Right
int
10
rightBars
VP Lookback
int
50
lookback
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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