Linchuan Event Indicator: Free TradingView Indicator (Pine Script)

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

Linchuan Event Indicator tracks opening price lines and colored expansion zones across 5-minute, 30-minute, 1-hour, and 4-hour timeframes, configurable using high/low or open/close ranges. Additionally, it integrates a Volume Stress Level tool to highlight volume intensity through custom volume bars, chart background tinting, and bar markers, paired with a 5-minute bar countdown timer for lower timeframe analysis.

Multi-timeframe opening price zones for 5m, 30m, 1h, and 4h
Integrated SMA 10, 40, 80 and Bollinger Bands
Volume Stress Level bar coloring and background tinting
Customizable zone height calculation using High/Low or Open-Close

Details

Published by

tainxiu on GitHub

Type

Indicator, Pine Script v5

Draws

Separate pane below the chart

Markets

Any symbol

Timeframes

M1-M5, M15-H1

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.

File

临川事件指标/临川事件指标V1.pine

Repository

github.com/tainxiu/linchuan-event-contract

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
保留区域数量	`int`	`120`	`keepZones`
区域高度	`string`	`High/Low`	`zoneMode`
开盘价线粗细	`int`	`1`	`lineWidth`
SMA 10	`bool`	`true`	`showSma10`
sma10C	`color`	`color.new(#4CAF50, 0)`	`sma10C`
SMA 40	`bool`	`true`	`showSma40`
sma40C	`color`	`color.new(#00BCD4, 0)`	`sma40C`
SMA 80	`bool`	`true`	`showSma80`
sma80C	`color`	`color.new(#7E57C2, 0)`	`sma80C`
BB 20 SMA close 2	`bool`	`true`	`showBB`
BB Length	`int`	`20`	`bbLen`
BB Mult	`float`	`2.0`	`bbMult`

Show all 40 settings

Setting	Type	Default	Variable
BB 中轨	`color`	`color.new(#FFEB3B, 0)`	`bbBasisC`
BB 上轨	`color`	`color.new(#FF1744, 0)`	`bbUpperC`
BB 下轨	`color`	`color.new(#009688, 0)`	`bbLowerC`
显示 5分钟	`bool`	`true`	`show5`
开盘价线	`color`	`color.new(#00BCD4, 0)`	`line5C`
上涨区域	`color`	`color.new(tvBull, 97)`	`up5C`
下跌/跌破区域	`color`	`color.new(tvBear, 97)`	`down5C`
显示 30分钟	`bool`	`true`	`show30`
开盘价线	`color`	`color.new(color.white, 0)`	`line30C`
上涨区域	`color`	`color.new(tvBull, 97)`	`up30C`
下跌/跌破区域	`color`	`color.new(tvBear, 97)`	`down30C`
显示 1小时	`bool`	`true`	`show60`
开盘价线	`color`	`color.new(#FFEB3B, 0)`	`line60C`
上涨区域	`color`	`color.new(tvBull, 97)`	`up60C`
下跌/跌破区域	`color`	`color.new(tvBear, 97)`	`down60C`
显示 4小时	`bool`	`true`	`show240`
开盘价线	`color`	`color.new(#9C27B0, 0)`	`line240C`
上涨区域	`color`	`color.new(tvBull, 97)`	`up240C`
下跌/跌破区域	`color`	`color.new(tvBear, 97)`	`down240C`
只在1分钟图表显示	`bool`	`true`	`showTimer`
背景颜色	`color`	`color.new(color.black, 15)`	`timerBg`
文字颜色	`color`	`color.white`	`timerTxt`
显示 VSL 成交量柱	`bool`	`true`	`vslBarShow`
显示 VSL 背景分区	`bool`	`true`	`vslBackground`
在K线上标记成交量颜色	`bool`	`true`	`vslMarkShow`
K线标记圆点大小	`string`	`小`	`vslMarkSize`
VSL Length : 200	`int`	`200`	`vslLength`
Multiplier : 1~0.9	`float`	`1.0`	`vslMult`

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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