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
OMEGA ULTIMATE V3 draws a lookback volume profile with value area high, value area low and point of control, flags cumulative volume delta divergence, absorption candles and failed breakouts, and keeps the swing, break of structure and order block marks of earlier versions. A main dashboard, a multi-timeframe dashboard and a market narrative are optional, with alerts. Volume-based parts rely on the chart's volume data. It does not manage trades.
Lookback volume profile with VAH, VAL and POC
CVD divergence, absorption and failed breakout flags
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Non-Repainting Mode
bool
true
i_nonRepaint
Show Main Dashboard
bool
true
i_showDashboard
Show Multi-TF Dashboard
bool
true
i_showMTFDashboard
Show Market Narrative
bool
true
i_showNarrative
Enable Alerts
bool
true
i_alertsOn
Show Volume Profile
bool
true
i_showVP
VP Lookback Bars
int
50
i_vpLookback
VP Rows
int
24
i_vpRows
Show Value Area High
bool
true
i_showVAH
Show Value Area Low
bool
true
i_showVAL
Show Point of Control
bool
true
i_showPOC
VP Color
color
color.new(color.blue, 70)
i_vpColor
Show all 40 settings
Setting
Type
Default
Variable
POC Color
color
color.yellow
i_pocColor
VAH Color
color
color.red
i_vahColor
VAL Color
color
color.green
i_valColor
Show CVD Divergence
bool
true
i_showCVD
CVD Length
int
14
i_cvdLength
CVD Divergence Threshold
float
0.5
i_cvdDivThreshold
Show Absorption Patterns
bool
true
i_showAbsorption
Absorption Volume Multiplier
float
1.5
i_absVolMultiplier
Absorption Wick Ratio
float
0.6
i_absWickRatio
Show Failed Breakouts
bool
true
i_showFailedBO
Failed BO Lookback
int
20
i_fboLookback
Failed BO Confirm Bars
int
2
i_fboConfirmBars
Swing Detection Length
int
5
i_swingLength
Show Swing Points
bool
true
i_showSwings
Show BOS/CHOCH
bool
true
i_showBOS
Show Structure Labels
bool
true
i_showStructureLabels
Show Order Blocks
bool
true
i_showOB
OB Lookback
int
50
i_obLookback
Show Mitigated OBs
bool
true
i_obMitigation
Bullish OB Color
color
color.new(color.green, 80)
i_obBullColor
Bearish OB Color
color
color.new(color.red, 80)
i_obBearColor
Show Fair Value Gaps
bool
true
i_showFVG
FVG Lookback
int
50
i_fvgLookback
Min FVG Size %
float
0.1
i_fvgMinSize
Bullish FVG Color
color
color.new(color.teal, 80)
i_fvgBullColor
Bearish FVG Color
color
color.new(color.maroon, 80)
i_fvgBearColor
Show Liquidity Levels
bool
true
i_showLiquidity
Liquidity Lookback
int
20
i_liqLookback
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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