Indicator · Pine Script v5 · On the chart

Parallel Lines Live V2

by morindok

This indicator plots dynamic parallel lines based on logarithmic fractal price grid levels adjusted by a phi ratio multiplier.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code157
Settings5inputs
LicenceNone stated
Last update7 weeks ago6 Sep 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Parallel Lines Live V2 scores price levels using a weighted quantitative model incorporating estimated order flow delta, kinetic volatility energy, liquidity sweep traps, and exponential moving average trend regimes. The resulting levels are rendered directly on the price chart to highlight potential dynamic support and resistance zones. Users can adjust the fractal step multiplier and modify weights for order flow, kinetic energy, liquidity sweeps, and market regime.

Details

Published by

morindok on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Support & resistance, SMC / ICT / price action, AI / machine learning

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.

SettingTypeDefaultVariable
ضریب گسترش شبکه فرکتالfloat1.0i_step_mult
وزن جریان سفارشات (Delta)float0.35w_orderflow
وزن انرژی جنبشی (VAKE)float0.25w_kinetic
وزن جاروب نقدینگی (Absorption)float0.25w_sweep
وزن رژیم بازار (Trend)float0.15w_regime
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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