Maps buy and sell zones on the price chart from confirmed pivots with above-average volume, using the nearest opposite-colour candle as the order block.
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
Nearby zones merge within a pip gap and are capped in size, graded by volume, and marked fresh, tapped or weak as price returns. Options add a higher-timeframe zone feed, a London and New York session filter, fair value gap zones, a next-zone target with minimum risk-reward, optional breakout labels and a dashboard.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Vol Multiplier
float
1.5
volMult
Pivot Left Bars
int
5
leftBars
Pivot Right Bars
int
5
rightBars
OB Candle Search Bars
int
5
obSearchBars
Merge Gap (pips)
float
30.0
mergeGap
Max Zone Size After Merge (pips)
float
25.0
maxZonePips
Skip Lower Sell If Major Above (pips)
float
35.0
majorCloseGap
Max Taps Before Dead
int
3
maxTaps
HTF Timeframe
timeframe
60
htfTF
Only London + NY Zones
bool
true
useSessionFilter
Session
session
0600-2000
tradeSession
Timezone
string
Etc/UTC
sessionTZ
Show all 20 settings
Setting
Type
Default
Variable
Show Dashboard
bool
true
showDashboard
Show FVG Zones
bool
true
showFVG
Min FVG Size (pips)
float
12.0
fvgMinPips
Max FVG Zones
int
2
fvgMax
Show Next Zone Target
bool
true
showTargets
Min RR For Target
float
2.0
minTargetRR
Show Breakout / Breakdown
bool
false
showBreaks
Break Vol Multiplier
float
1.5
breakVolMult
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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