This overlay indicator maps an opening drive for a chosen session, using the first 30 or 60 minutes. It tracks drive high, low, midpoint, range, pace, and volume versus a multi-session average, then projects continuation lines from the drive edge and fade line
Indicator · Pine Script v6 · On the chart
LoD Intraday Entry
This overlay indicator marks the current day's low and a suggested entry zone a fraction of daily ATR below that low.
GitHub stars41on the repository
Pine versionv6current
Lines of code445
Settings24inputs
LicenceNone stated
Last update2 days ago26 Oct 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
LoD Intraday Entry compares daily volume with a volume moving average, plots daily SMA and EMA distance, and draws an optional ATR-width price cloud. Labels can show share size from account capital and risk tolerance, using the distance from the current price to a stop under the low of day, blended with beta versus SPY and ATR percent. It is meant for intraday charts and does not place trades.
- Intraday low-of-day tracking
- ATR buffer below the daily low
- Relative volume versus daily average
- Account-risk share sizing
- Optional ATR-width price cloud
Details
Published by
ChartsLector on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance, Volatility & bands, Volume, Sessions & time
Markets
Stocks
Timeframes
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Volume MA Length | int | 50 | len |
| Total Capital $ | float | 100000 | capital |
| Risk Tolerance % | float | 0.25 | riskTolerance |
| Percentage of ATR below the LoD | float | 0.1 | ATRfraction |
| ATR Percentage % | float | 65.0 | atr_percentage |
| Show Info. | bool | true | showInfo |
| ATR Length | int | 14 | atrLength |
| 50 SMA Length | int | 50 | smaLength |
| 20 EMA Length | int | 20 | emaLength |
| Suggested Price Cloud Width (% ATR) | float | 5.0 | cloudATRpct |
| Show LoD Info | bool | true | show_label |
| Show Suggested Price Cloud | bool | true | show_cloud |
Show all 24 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Line Color | color | color.rgb(9, 115, 201) | line_color_input |
| Line Width | int | 2 | line_width |
| Line Length (bars) | int | 10 | line_length |
| Reference Point | string | Low | reference_point |
| Line Style | string | Solid | line_style_input |
| RPRP Stock Sleeve % of Total Capital | float | 100.0 | rprpStockSleevePct |
| RPRP Base Position % of Stock Sleeve | float | 15.0 | rprpBaseAllocationPct |
| RPRP Beta Benchmark | symbol | AMEX:SPY | rprpBenchmark |
| RPRP Beta Lookback (trading days) | int | 63 | rprpBetaLength |
| RPRP ATR% Length | int | 14 | rprpAtrLength |
| RPRP Beta Weight % | float | 50.0 | rprpBetaWeight |
| RPRP ATR Weight % | float | 50.0 | rprpAtrWeight |
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.
Similar Pine Scripts
This indicator calculates and plots a session-based volume profile directly on the price chart. It maps volume distribution across price levels, highlighting key structural reference points including the Point of Control, Value Area High, and Value Area Low. C
The Midnight VWAP indicator calculates and overlays two distinct Volume Weighted Average Price (VWAP) lines on the price chart based on customizable session timeframes. It tracks an overnight or pre-market session alongside regular trading hours, resetting cal
This overlay indicator plots option strike walls and an optional session VWAP on the price chart for SPY or ES. It spaces major strikes by the selected instrument, draws a set number of strikes on each side, and marks wall-trap and sweep events after a cooldow
This indicator plots daily, weekly, and monthly volume-weighted average prices on the price chart, using a selectable source that defaults to hlc3. For each enabled period it also draws two standard-deviation bands around the VWAP, with multipliers defaulting
This indicator marks forex trading sessions and opening ranges on the price chart. It can draw Sydney, Tokyo, Frankfurt, London, and New York session boxes or five- and fifteen-minute opening ranges, plus an optional opening channel and a day-open range. Day r
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers