Indicator · Pine Script v5 · On the chart

Range Rejection Trading Indicator

by alboogycOdR

This indicator marks a trading session in the GMT+2 timezone and builds a price range from the four hours before the session starts.

View on GitHub

Repaints

GitHub stars6on the repository
Pine versionv5runs as is
Lines of code264
Settings4inputs
LicenceNone stated
Last update7 months ago16 Mar 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

Range Rejection Trading Indicator requests one-minute highs and lows, stores the range extremes, and draws two horizontal lines on the price chart that extend to the right. Inputs change the session start time, length, and whether debug information is shown. The script tracks two candles after the range is set, but the provided code ends before any entry, exit, or alert rules appear. The one-minute request uses lookahead, so historical range values can differ from realtime.

Details

Published by

alboogycOdR on GitHub

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)
  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Session Start Hourint8startHour
Session Start Minuteint0startMinute
Session Duration (Hours)int6sessionDuration
Show Debug InformationboolfalseshowDebugInfo
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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