Indicator · Pine Script v5 · On the chart

Range Scalper

by knectardev

Range Scalper marks support and resistance from the latest confirmed pivot low and pivot high.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code82
Settings3inputs
LicenceNone stated
Last update9 months ago14 Jan 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 Scalper treats price as range-bound when the distance between those levels, divided by the close, is at or below the range threshold. While that condition holds, it plots both levels on the price chart and tints the background. Triangle markers and alerts fire when the close crosses above resistance or below support. Pivot length and the threshold change how wide a range qualifies. The range-bars input is unused, and there are no trade exits.

Details

Published by

knectardev on GitHub

Draws

On the price chart

Markets

Any symbol

Timeframes

M1-M5

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
Pivot LengthintDEFAULT_PIVOT_LENGTHpivotLengthInput
Range Detection BarsintDEFAULT_RANGE_BARSrangeBarsInput
Range Threshold %floatDEFAULT_RANGE_THRESHrangeThreshInput
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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