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
OB REACT highlights unmitigated supply and demand zones, flagging broken zones as dead to prevent breaker re-entries. The script tracks first-touch reactions, simulating performance with an R-multiple target, a padded stop loss beyond the zone, a maximum bar holding period, and simulated transaction costs. Settings adjust swing pivot length, minimum and maximum zone sizes, risk multiples, and optional volatility window shading.
Order block detection via swing pivot breaks of structure
First-touch reaction trade tracking with R-multiple targets
Configurable stop loss zone padding and maximum hold duration
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Swing pivot length
int
3
pivLen
Max bars: swing → BOS
int
30
maxAge
Min zone size ($)
float
1.0
minSize
Max zone size ($)
float
30.0
maxSize
Target (R multiple)
float
1.5
rMult
Stop pad (fraction of zone)
float
0.1
slPad
Max bars in trade
int
40
maxHold
Cost $/trade (comm+slip)
float
1.0
costPer
Shade volatility go-windows (12-15 & 00-02 UTC)
bool
true
showVol
Show broken (dead) zones
bool
true
showDead
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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