by 
This indicator calculates key support and resistance levels by analyzing the first and second momentum derivatives of a Double Exponential Moving Average (DEMA). When the second derivative (momentum of momentum) crosses zero, it identifies local turning points
Indicator · Pine Script v5 · On the chart
Live Market Scanner - V7
The Live Market Scanner V7 is a real-time market analysis indicator that fuses MACD, RSI, EMAs, volume, and price momentum to calculate LONG and SHORT scores.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code368
Settings4inputs
LicenceCustom licence
Last update9 months ago6 Jan 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
Live Market Scanner - V7 determines market status (LONG, SHORT, WAIT) using a sensitivity-based threshold and plots signals, future candle predictions, and TP/SL levels on the price chart. A live dashboard displays the current signal and confidence score. Settings control signal sensitivity (Low/Medium/High), future candles visibility, levels display, and dashboard presence. It aids day trading, scalping, and swing trading in forex and crypto.
- Live Signal Dashboard
- Future Candle Predictions
- Multi-Indicator Fusion
- TP/SL Levels
- Sensitivity Settings
Details
Published by
IamTamheedNazir on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Support & resistance
Markets
Forex, Crypto
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 |
|---|---|---|---|
| Signal Sensitivity | string | Medium | sensitivity |
| Show Future Candles | bool | true | showPrediction |
| Show TP/SL Levels | bool | true | showLevels |
| Show Live Dashboard | bool | true | showDashboard |
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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