Indicator · Pine Script v6 · On the chart

MC Range & Niveles | Distribución Empírica + Montecarlo

by fpxbs7777

Calculates price projection ranges over a specified horizon using Monte Carlo simulations via empirical bootstrap or parametric normal distributions.

View on GitHub

GitHub stars6on the repository
Pine versionv6current
Lines of code334
Settings21inputs
LicenceNone stated
Last update6 days ago22 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

MC Range & Niveles | Distribución Empírica + Montecarlo plots projected price range boundaries directly on the price chart alongside a distribution profile histogram and a summary statistics table. The script computes percentile levels, directional probability bias, and volatility adjustments based on historical price data or implied volatility inputs. Key inputs allow customization of simulation count, lookback periods, confidence intervals, and drift weighting.

Details

Published by

fpxbs7777 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Support & resistance, Volatility & bands

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.

SettingTypeDefaultVariable
Muestra = barras visibles en el gráficobooltrueuseVis
Ventana manual (si no usás barras visibles)int252lookback
Horizonte (barras ≈ DTE)int5horizon
Barras por año (252 D / 52 W / 12 M)int252factor
MétodostringBootstrap empíricomodo
Simulacionesint1500nSims
Confianza del rango (%)float90.0conf
Peso del drift histórico (0 = neutral, 1 = pleno)float0.5driftW
Reescalar a volatilidad recienteboolfalseuseFHS
Ventana de vol. recienteint20volShort
Semilla (0 = aleatoria)int12345seed
Umbral de sesgo direccional (%)float55.0biasTh
Show all 21 settings
SettingTypeDefaultVariable
IV ATM anual (%) — 0 = no usarfloat0.0ivIn
Mostrar rango (cajas)booltrueshowBox
Mostrar perfil de distribuciónbooltrueshowHist
Ancho del perfil (barras)int10histW
Mostrar tabla de estadísticasbooltrueshowStats
Posición de tablastringArriba derechatblPosStr
Color alcistacolor#26a69acolUp
Color bajistacolor#ef5350colDn
Color neutralcolor#b2b5becolNeu
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

ICT Liquidity Void Fill

by ArunKBhaskar
575 stars

This overlay indicator marks ICT liquidity void fills on the price chart and can show long and short signals. It places a Fibonacci level inside a displacement candle, defaulting to the midpoint, and draws lines in a chosen style. Optional filters limit the fi

Indicator v6 SMC / ICT / price actionSupport & resistance
Updated 1 year ago · MPL-2.0 GitHub repository of ICT Liquidity Void Fill

[RS]Donchian Fans

by ricardosantos79
261 stars

This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high

Indicator v4 Support & resistanceTrend
Updated 4 years ago · None stated GitHub repository of [RS]Donchian Fans

Snag - VWAP

by dearvn
257 stars

This indicator plots a custom Anchored Volume-Weighted Average Price (VWAP) directly on the price chart along with optional standard deviation bands. Users can anchor the VWAP to standard time periods like sessions, weeks, or months, or to corporate events suc

Indicator v5 Moving averagesVolatility & bands Repaints
Updated 6 weeks ago · None stated GitHub repository of Snag - VWAP

Candlestick Patterns

by harryguiacorn
219 stars

This indicator plots optional candlestick pattern signals on the price chart. It detects engulfing bars, inside bars, HOLP and LOHP, kicker patterns, body-mass extremes, higher highs and lower lows, ATR warnings, and four-bar fractals. Optional pivot marks use

Indicator v5 Candlestick patternsVolatility & bands
Updated 1 year ago · None stated GitHub repository of Candlestick Patterns

Dynamic Linear Regression

by TradersPost
218 stars

Dynamic Linear Regression calculates and plots linear regression trendlines and standard deviation channels directly on the price chart over a user-selected time period. Traders can configure static channels locked at the end time, dynamic channels that contin

Indicator v6 TrendSupport & resistance
Updated 3 months ago · None stated GitHub repository of Dynamic Linear Regression

More indicators

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers