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 breaks structure relative to past pivot points, the indicator draws colored box zones around the high and low of the pivot bar. Users can adjust the pivot length setting and toggle or customize display colors for bullish and bearish order blocks. Up to ten recent boxes per direction are maintained simultaneously. Note that pivot detection requires confirmation bars, meaning zones appear with a slight lag.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Pivot Length
int
5
ob_length
Show Bullish OB
bool
true
show_bullish
Show Bearish OB
bool
true
show_bearish
Bullish OB
color
color.new(color.blue, 70)
bull_color
Bearish OB
color
color.new(color.orange, 70)
bear_color
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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