This indicator overlays an intraday SPX and ES chart with a midnight session range, regular-trading-hours opening levels, and a VWAP projection box. It draws the midnight high, mid, and low, flags edge rejections within an absolute tolerance, and plots optiona
Indicator · Pine Script v6 · On the chart
Reactive Levels Signal Engine
This indicator clusters confirmed pivots into support and resistance levels, scoring each by touch count and keeping the strongest per side.
GitHub stars1on the repository
Pine versionv6current
Lines of code313
Settings19inputs
LicenceCustom licence
Last update2 months ago7 Aug 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
A signal appears when price tests a level that has held before, closes back away from it with a rejection candle, and agrees with an optional 200-period EMA trend filter. Each signal draws entry, ATR-based stop and three R-multiple target lines, and a table tallies how past signals played out on the loaded chart. It places no orders.
- Pivot clustering into scored levels
- Rejection signals with trend filter
- Entry, stop and three target lines
- Historical outcome tracker table
Details
Published by
jayadevrana on GitHub
Type
Draws
On the price chart
Category
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.
Repository
Topics
indicatormarket-structurepine-scriptpinescript-v6supply-demandtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot strength (bars each side) | int | 10 | pivotLen |
| Merge tolerance (x ATR) | float | 0.6 | mergeMult |
| Strongest levels to keep per side | int | 6 | maxLevels |
| Break buffer (x ATR) | float | 0.30 | breakMult |
| Min level strength to trade (touches) | int | 2 | minStr |
| Only trade in the direction of the trend | bool | true | useTrend |
| Trend EMA length | int | 200 | trendLen |
| Reaction close strength (0-1 of bar range) | float | 0.5 | rejFrac |
| Min bars between signals | int | 5 | cooldown |
| ATR length | int | 14 | atrLen |
| Stop buffer beyond level (x ATR) | float | 1.0 | slMult |
| Target 1 (R multiple) | float | 1.0 | rr1 |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Target 2 (R multiple) | float | 2.0 | rr2 |
| Target 3 (R multiple) | float | 3.0 | rr3 |
| Show levels | bool | true | showLevels |
| Show entry / stop / target lines | bool | true | showPlan |
| Show outcome tracker | bool | true | showStats |
| Support / long | color | #26a69a | supCol |
| Resistance / short | color | #ef5350 | resCol |
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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