This indicator calculates pivot high and pivot low points on the price chart based on configurable left and right bar counts. Confirmed pivot highs and lows are plotted with negative bar offsets directly on the price chart using line and cross styles. Addition
Indicator · Pine Script v6 · On the chart
Mirror Oscillator
The Mirror Oscillator indicator computes a central mirror level as the average of the highest high and lowest low over 500 bars, along with recent mirror levels based on the n-period highest high and lowest low.
GitHub stars1on the repository
Pine versionv6current
Lines of code19
Settings1inputs
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
Mirror Oscillator calculates percentage deviations of the close price from these levels, averages them, and applies a 3-period EMA to generate an oscillator value. This value is scaled and added to the close price to plot an overlay line on the price chart, colored teal when above the close and red when below. The input n adjusts the period length for mirror level calculations. The script draws directly on the price chart with no exit rules or signals.
- central mirror level
- mirror levels
- scaled oscillator
- price chart overlay
- EMA calculation
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum, Support & resistance
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 |
|---|---|---|---|
| n | int | 100 | n |
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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