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 v6 · On the chart
Recursive Auto-Pitchfork [Trendoscope®]
Recursive Auto-Pitchfork automatically identifies high and low pivot points using a Zigzag algorithm to construct pitchfork channel levels directly on the price chart.
Repaints
GitHub stars2on the repository
Pine versionv6current
Lines of code138
Settings40inputs
LicenceNone stated
Last update8 months ago25 Feb 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
Users can select different pitchfork variations, adjust Zigzag depth and length, toggle pivot confirmation, and customize Fibonacci ratio levels ranging from 0.236 to 1.000. It includes color themes tailored for dark or light backgrounds. Because pitchfork anchors rely on Zigzag pivot points, lines and levels dynamically update and repaint as new price extremes form.
- Automated recursive pitchfork channel plotting based on Zigzag pivots
- Configurable Andrews pitchfork types and neck line settings
- Customizable Fibonacci ratio extension levels and custom colors
- Adaptable visual themes for light and dark chart layouts
Details
Published by
regalouisei on GitHub
Code credit
Trendoscope Pty Ltd Trendoscope®, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Theme | enum | ut.Theme.DARK | theme |
| Length | int | 13 | zigzagLength |
| Depth | int | 50 | depth |
| Use Real Time Bars | bool | true | useRealTimeBars |
| Type | string | andrews | pitchforkType |
| neckType | string | median | neckType |
| Ratio | float | 0.25 | ratioFrom |
| ratioTo | float | 1 | ratioTo |
| Use Confirmed Pivots | bool | true | useConfirmedPivot |
| includeRatio1 | bool | false | includeRatio1 |
| ratio1 | float | 0.236 | ratio1 |
| color1 | color | #f77c80 | color1 |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| includeRatio2 | bool | false | includeRatio2 |
| ratio2 | float | 0.382 | ratio2 |
| color2 | color | #ffb74d | color2 |
| includeRatio3 | bool | true | includeRatio3 |
| ratio3 | float | 0.500 | ratio3 |
| color3 | color | #fff176 | color3 |
| includeRatio4 | bool | false | includeRatio4 |
| ratio4 | float | 0.618 | ratio4 |
| color4 | color | #81c784 | color4 |
| includeRatio5 | bool | false | includeRatio5 |
| ratio5 | float | 0.786 | ratio5 |
| color5 | color | #42bda8 | color5 |
| includeRatio6 | bool | false | includeRatio6 |
| ratio6 | float | 0.886 | ratio6 |
| color6 | color | #4dd0e1 | color6 |
| includeRatio7 | bool | true | includeRatio7 |
| ratio7 | float | 1.000 | ratio7 |
| color7 | color | #5b9cf6 | color7 |
| includeRatio8 | bool | false | includeRatio8 |
| ratio8 | float | 1.130 | ratio8 |
| color8 | color | #9575cd | color8 |
| includeRatio9 | bool | false | includeRatio9 |
| ratio9 | float | 1.272 | ratio9 |
| color9 | color | #ba68c8 | color9 |
| includeRatio10 | bool | false | includeRatio10 |
| ratio10 | float | 1.382 | ratio10 |
| color10 | color | #f06292 | color10 |
| includeRatio11 | bool | false | includeRatio11 |
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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