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
Lakshmi Zones v1 calculates volume profile zones with user-defined bin counts and lookback periods, fair value gaps from the 4H timeframe, and equal highs and lows using tolerance percentages and minimum touch requirements. A magic line is drawn based on ATR period and golden ratio multiplier anchored to the weekly close. The script renders boxes for zones and lines for the magic line directly on the price chart. Settings control visibility of each zone type, bin numbers, lookback bars, multipliers, and colors for demand, supply, FVG, and weekly close. This reverse-engineered indicator matches components of the Ghost Trade Pro indicator.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
VP Bins
int
30
i_vp_bins
VP Lookback (bars)
int
60
i_vp_lookback
Equal H/L Tolerance %
float
0.5
i_eq_tol
Equal H/L Min Touches
int
2
i_eq_min
Show FVG Zones
bool
true
i_fvg_enabled
Show VP Zones
bool
true
i_vp_enabled
Show Equal H/L Zones
bool
true
i_eq_enabled
Show Magic Line
bool
true
i_ml_enabled
ATR Period
int
14
i_atr_period
ML Multiplier (phi)
float
1.618
i_ml_mult
Show Weekly Close
bool
true
i_orange
Demand Zone
color
color.new(color.teal, 70)
i_demand_col
Show all 15 settings
Setting
Type
Default
Variable
Supply Zone
color
color.new(color.red, 70)
i_supply_col
FVG Demand
color
color.new(color.aqua, 75)
i_fvg_dem_col
FVG Supply
color
color.new(color.fuchsia, 75)
i_fvg_sup_col
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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