This indicator tracks smart money market structure directly on the price chart. It calculates dual-period swing highs and swing lows to detect Changes of Character (CHoCH), Breaks of Structure (BOS), inducements, and liquidity sweeps. When structural levels ar
Indicator · Pine Script v5 · On the chart
Master Pattern [LuxAlgo]
This overlay indicator detects price contractions from confirmed pivot highs and lows.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code156
Settings13inputs
LicenceNone stated
Last update5 weeks ago18 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
When price later breaks above the contraction high or below the contraction low, it draws a bullish or bearish box between those extremes and a midline at their average. Separate toggles show or hide major and minor patterns, their areas, and their lines, and set the colors. Liquidity-level length and visibility are configurable. The script does not generate trade entries, exits, or stops.
- Pivot-based contraction detection
- Bullish and bearish pattern boxes
- Average line inside each pattern
- Major and minor pattern toggles
- Configurable liquidity level display
Details
Published by
TamTH-Dev on GitHub
Code credit
LuxAlgo, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, SMC / ICT / price action, Breakout
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 |
|---|---|---|---|
| Contraction Detection Lookback | int | 3 | length |
| Liquidity Levels | int | 20 | liqLength |
| Show Major Pattern | bool | true | showMajor |
| Show Minor Pattern | bool | true | showMinor |
| Bullish Pattern | color | color.teal | bullCss |
| Area | bool | true | showBullBox |
| Line | bool | true | showBullLvl |
| Bearish Pattern | color | color.red | bearCss |
| Area | bool | true | showBearBox |
| Line | bool | true | showBearLvl |
| Show Liquidity Levels | bool | true | showLiq |
| Upper Liquidity | color | color.teal | bullLiqCss |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lower Liquidity | color | color.red | bearLiqCss |
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
The CISD with Fib/Range Extensions and Stats indicator tracks Change in State of Delivery (CISD) level breakouts on the price chart. It detects pullback structures filtered by ATR and volume conditions, then projects future target levels using customizable Fib
This indicator maps Smart Money Concepts (SMC) market structure directly onto the price chart. It detects internal and swing structure breaks (BOS and CHoCH), tracks bullish and bearish order blocks, identifies fair value gaps (FVG), highlights equal highs and
This script identifies and visualizes bullish and bearish order blocks on the price chart. It detects low-volatility consolidation ranges followed by breakout moves accompanied by high trading volume. Users can select between Simple, Relative, or Weighted volu
This indicator implements a Wyckoff method state machine that tracks accumulation, distribution, markup, and markdown regimes across phases A through E. It identifies structural events including springs, UTADs, SOS, SOW, LPS, LPSY, and climactic bars using ATR
This multi-timeframe indicator detects and visualizes Smart Money Concepts (SMC) and ICT market structures on the price chart. It maps higher-timeframe dealing ranges, premium and discount zones, break of structure (BOS), change of character (CHoCH), order blo
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers