Sideway Zones Live is an overlay indicator that estimates inner and outer sideways bands from recent highs and lows with a rational quadratic kernel. It tracks swing pivots over a loopback period and counts bars that remain between the outer high and low. Afte
Indicator · Pine Script v5 · On the chart
S/D Breakout
The S/D Breakout script is a technical indicator that identifies and plots supply and demand zones as well as order blocks on the price chart.
GitHub stars5on the repository
Pine versionv5runs as is
Lines of code867
Settings11inputs
LicenceNone stated
Last update2 years ago12 May 2024
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
S/D Breakout calculates reversals and zones based on configurable inputs such as pivot lookback periods and distance multipliers. The indicator includes settings to determine signal line methods, filter order blocks, and hide or display plots. It is written in Pine Script v5 and draws directly on the main price chart.
- Supply and demand zone identification
- Order block filtering
- Configurable pivot lookback period
- Adjustable reversal distance multiplier
- Option to hide indicator plots
Details
Published by
jerryinyang 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Method for Signal Line Determination | string | Supply/Demand Zone | meth_sig_line |
| Hide All Indicator Plots | bool | true | hide_all_plots |
| Filter Orderblock by Reversal Magnitude | bool | true | useObDist |
| Method to Calculate Reversal Magnitude | string | Candle Body | distMeth |
| Reversal Distance Multiplier | float | 2 | distMult |
| Source of Signal Lines | string | Orderblock High/Low | i_entBuffer |
| Show Orderblock Signal Lines | bool | false | show_cb_line |
| Pivot Lookback Period | int | 4 | prd |
| Max Breakout Length | int | 300 | bo_len |
| Threshold Rate % | float | 2. | cwidthu |
| Minimum Number of Tests | int | 1 | mintest |
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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