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
Zone width is based on ATR times a multiplier, capped by a maximum percentage, and overlapping zones can be aligned and extended to the right. Settings cover the pivot look-left and look-right lengths, the number of pivots, the pivot source and supply and demand candle options. Auto modes can pick some values. Pivots confirm only after the right-hand bars have printed.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Look Left
int
500
left
Look Right
int
15
_right
Auto Right Length ?
string
Auto
mode_auto_right
Number of Pivots
int
50
nPiv
ATR Length
int
30
atrLen
Auto Multiplier ?
string
Auto
mode_auto_mult
Zone Width (ATR)
float
1.0
_mult
Max Zone Percent
float
5
per
Auto Src ?
string
Auto
mode_auto_src
Source For Pivots
string
SD
_src
Align Zones
bool
true
alignZones
Extend Right
bool
true
extend
Show all 40 settings
Setting
Type
Default
Variable
S/D candle Legout Strength
float
2.0
Sensitivity
S/D Candle Number of bar back to search (Zone Display)
int
2
loopback
S/D Candle ratio of Body vs Candle to consider
float
0.5
rbody
Detect Pivot Highs
bool
true
dhighs
Detect Pivot Lows
bool
true
dlows
Detect Breakout
bool
false
detectBO
Detect Breakdown
bool
false
detectBD
Detect Resistance Break
bool
false
breakUp
Detect Support Break
bool
false
breakDn
Detect False Breakdown
bool
false
falseBull
Detect False Breakup
bool
false
falseBear
Detect Moves Off Support
bool
false
supPush
Detect Moves Off Resistance
bool
false
resPush
Lookback For Breaks
int
2
lookback
swing High/Low
int
5
swing
bullCol
color
#64b5f6
bullCol
bearCol
color
#FFF980
bearCol
bgTransp
int
92
bgTransp
bordTransp
int
95
bordTransp
bullBreak
color
#ff6d00
bullBreak
bearBreak
color
#ff00ff
bearBreak
bullTransp
int
25
bullTransp
bearTransp
int
25
bearTransp
resBreakCol
color
#17ff00
resBreakCol
supBreakCol
color
#ff0000
supBreakCol
resBreakTransp
int
25
resBreakTransp
supBreakTransp
int
25
supBreakTransp
falseBullCol
color
#17ff00
falseBullCol
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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