This indicator detects market accumulation phases and bottom formations over time rather than generating single-point buy signals. It evaluates five scoring components: trend loss, range formation, volatility compression, liquidity behavior, and early bullish
Indicator · Pine Script v6 · On the chart
Parabola & Hyperbola Structure
This overlay indicator fits a quadratic regression parabola to recent source prices to show a curved trend, its slope, and its curvature.
GitHub stars1on the repository
Pine versionv6current
Lines of code288
Settings14inputs
LicenceNone stated
Last update4 months ago1 Jun 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
Hyperbola bands use ATR and a curve-sensitivity multiplier so they widen when the trend bends and tighten when it is straight. Swing highs and lows define structure. Break of structure marks continuation, and change of character plus a slope change marks a possible reversal. Periods, the band multiplier, swing bars, confirmation bars, and display toggles control what is drawn on the price chart.
- Quadratic regression parabola
- ATR-based hyperbola bands
- Swing high and low detection
- Break of structure markers
- Change of character and reversal signals
Details
Published by
darkwader26 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Volatility & bands, SMC / ICT / price action
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 |
|---|---|---|---|
| Parabola Period | int | 34 | parLen |
| Source | source | close | parSrc |
| Band Multiplier | float | 1.6 | hypMult |
| ATR Period | int | 14 | hypAtrLen |
| Curve Sensitivity | float | 0.8 | hypCurve |
| Swing Left Bars | int | 5 | leftBars |
| Swing Right Bars | int | 5 | rightBars |
| Confirmation Bars | int | 2 | confBars |
| Show Parabola | bool | true | showP |
| Show Hyperbola Bands | bool | true | showH |
| Show Swing Points | bool | true | showSW |
| Show Break of Structure | bool | true | showBoS |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Change of Character | bool | true | showCHoCH |
| Show Reversal Signals | bool | true | showRev |
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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