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
Range STR v3 IMBA v3 plots range boxes, support and resistance lines, and swing dots on the price chart. Users can configure the grace period, retracement percentage, swing timeframe, break modes including wick or body confirmation, and fractal filters. The indicator signals breakout opportunities when price breaks the defined range. It draws on the price chart and may repaint on live bars if bar close waiting is turned off.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Grace period (bars)
int
20
gracePeriod
Retracement %
float
20.0
retracePct
Show range box
bool
true
showRange
Show labels
bool
false
showDebug
Swing Timeframe
timeframe
tf
Wait for bar close
bool
true
waitClose
Break mode
string
Wick (any)
breakModeInput
Body confirmation TF
timeframe
bodyTf
Fractal filter
bool
false
useFractal
Fractal bars (left/right)
int
2
fractalBars
Line style
string
Dashed
lineStyleInput
Line width
int
1
lineWidth
Show all 18 settings
Setting
Type
Default
Variable
Resistance line color
color
color.red
highLineColor
Support line color
color
color.green
lowLineColor
Show swing dots
bool
true
showDots
Range color
color
color.new(color.blue, 85)
rangeColor
Bull color
color
color.green
bullColor
Bear color
color
color.red
bearColor
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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