This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v5 · On the chart
Price Level Symmetry with Slope Multiplier
This indicator projects geometric symmetry channels and sloped price levels directly on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code176
Settings17inputs
LicenceNone stated
Last update7 weeks ago6 Sep 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
Price Level Symmetry with Slope Multiplier calculates price slopes from two user-selected anchor price levels and anchor timestamps, applying an optional slope multiplier such as the golden ratio. Features include dynamic mid-level slope adjustments, weekend gap omission for continuous time calculation, and an optional moving average calculated over the anchor interval. The tool draws sloped projection boundaries and midlines across the chart to assist manual structural and geometric analysis.
- Geometric price level symmetry projections
- Configurable slope multiplier and dynamic angles
- Weekend gap adjustment for 24/5 markets
- Dynamic moving average overlay on mid level
- Multi-timeframe anchor projection support
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Trend
Markets
Forex, Gold
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 |
|---|---|---|---|
| Timeframe | timeframe | | targetTF |
| Level 1 (Price at Time 1) | price | 100 | level1 |
| Level 2 (Price at Time 2) | price | 200 | level2 |
| Mid Level | price | 150 | midLevel |
| Use Mid Level Distance | bool | true | useDistance |
| Use Boundary Symmetry | bool | false | useBoundarySymmetry |
| Show Moving Average on Mid Level | bool | false | showMA |
| MA Type | string | SMA | maType |
| Use Dynamic Slope (Box Diagonal) | bool | true | useAngle |
| Mid Slope Ratio (relative to Upper Slope) | float | 0.5 | midSlopeRatio |
| Skip Weekend Gaps (For Gold/Forex) | bool | false | skipWeekend |
| Invert Angles | bool | false | invertAngles |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use Slope Multiplier | bool | true | useSlopeMultiplier |
| Slope Multiplier | float | 1.618 | slopeMultiplier |
| Anchor Time 1 | time | timestamp("2024-01-01 00:00") | anchorTime1 |
| Enable Set 2 | bool | true | enableSet2 |
| Anchor Time 2 | time | timestamp("2024-02-01 00:00") | anchorTime2 |
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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