This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v5 · On the chart
Markov-Bayesian Wave Predictor by BITMOON618
This overlay indicator on the price chart builds a logarithmic node network from price data using a resonance factor derived from the golden ratio PHI, PI, and E constants scaled by user input.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code170
Settings3inputs
LicenceNone stated
Last update7 weeks ago6 Sep 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
Markov-Bayesian Wave Predictor by BITMOON618 tracks Markov chain transition counts between nodes for up and down moves and maintains Bayesian agent scores reflecting bull and bear probabilities based on each candle's price position relative to its range and ATR. Nodes are dynamically updated with current bar data and combined probabilities are computed for each node. The script simulates forward wave predictions across user-defined steps and step widths while drawing the resulting network of parallel lines and harmonic connections on the chart. Primary settings control resonance scaling, prediction horizon, and candle-based wave length.
- Markov Chain Node Transitions
- Bayesian Agent Probabilities
- Logarithmic Price Network
- Wave Prediction Simulator
- Parallel Harmonic Lines
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
AI / machine learning, Support & resistance, Trend, 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 |
|---|---|---|---|
| ضریب رزونانس فرکتال | float | 1.0 | i_step_mult |
| تعداد امواج پیشبینی در آینده | int | 7 | i_future_steps |
| طول زمانی هر موج (تعداد کندل) | int | 10 | i_step_width |
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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