The indicator detects liquidity sweeps across key price levels and calculates a cumulative volume delta proxy. It uses pivot high and low lookbacks to identify swing points, marking sweeps when price breaks beyond a level and quickly closes back inside. Featur
Indicator · Pine Script v6 · On the chart
Lakshmi Zones v4
Lakshmi Zones v4 is an overlay indicator that calculates volume profile high volume nodes and fair value gaps on 4H data to plot demand and supply zones on the price chart.
GitHub stars2on the repository
Pine versionv6current
Lines of code375
Settings10inputs
LicenceNone stated
Last update6 months ago13 Apr 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
Lakshmi Zones v4 draws a Magic Line based on ATR(14) multiplied by the golden ratio and anchored to the daily midpoint. Additional elements include the weekly close and multiple reversal signals such as low volume tests, traps, and selling exhaustion. Main inputs adjust volume profile bins, lookback period, maximum zones per side, merge distance, minimum volume multiplier, and signal options. The script signals potential reversals at zone boundaries using volume and price conditions. It draws everything directly on the price chart using request.security for 4H and daily data.
- Volume Profile Zones
- Magic Line
- Demand Supply Zones
- Reversal Signals
- Volume Profile HVN
Details
Published by
voletiramu on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volume, Support & resistance, SMC / ICT / price action
Markets
Any symbol
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 |
|---|---|---|---|
| VP Bins | int | 40 | i_vp_bins |
| VP Lookback (days) | int | 90 | i_vp_lb |
| Max Zones (per side) | int | 6 | i_max_zones |
| Zone Merge $ | float | 600 | i_merge |
| Min VP Volume (x avg) | float | 1.2 | i_min_vol |
| Max Zone Dist % | float | 8.0 | i_max_dist |
| Magic Line | bool | true | i_ml |
| Weekly Close | bool | true | i_wc |
| Signals | bool | true | i_sig |
| Probable Support | bool | true | i_ps |
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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