This indicator analyzes short-term price action on index futures and options charts by applying Rational Quadratic kernel smoothing to detect sideways consolidation ranges and potential breakouts. It processes pivot highs and lows over customizable loopback pe
Indicator · Pine Script v6 · On the chart
Sukepoyo Sub
This indicator plots two ZigZag lines and five EMAs on the price chart.
GitHub stars2on the repository
Pine versionv6current
Lines of code210
Settings28inputs
LicenceNone stated
Last update2 weeks ago13 Oct 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
ZigZag 1 uses depth 12, deviation 5 and backstep 3 for the main trend. ZigZag 2 uses depth 5, deviation 3 and backstep 2 for the fast trend. Five EMAs with lengths 20, 30, 40, 75 and 200 are available with custom colors. Trend strength is calculated in five levels using the spacing between EMAs relative to ATR multiplier. A bottom bar shows the current trend level and a fill appears between EMA 20 and 40.
- ZigZag 1
- ZigZag 2
- Multiple EMAs
- Trend Strength
- EMA Fill
Details
Published by
Pesci1134 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Moving averages, Trend, Support & resistance
Markets
Forex
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
github-configalgorithmic-tradingbacktestingdivergenceforexgbpjpymacdpinescriptpythontrading
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show ZigZag 1 | bool | true | d1_show |
| Depth | int | 12 | d1_depth |
| Deviation (Points) | int | 5 | d1_deviation |
| Backstep | int | 3 | d1_backstep |
| Line Color | color | color.white | d1_color |
| Line Thickness | int | 2 | d1_width |
| Show ZigZag 2 | bool | true | d2_show |
| Depth | int | 5 | d2_depth |
| Deviation (Points) | int | 3 | d2_deviation |
| Backstep | int | 2 | d2_backstep |
| Line Color | color | color.fuchsia | d2_color |
| Line Thickness | int | 2 | d2_width |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show EMAs | bool | true | show_ema |
| EMA 1 Length | int | 20 | ema1_len |
| EMA 1 Color | color | color.red | ema1_col |
| EMA 2 Length | int | 30 | ema2_len |
| EMA 2 Color | color | color.blue | ema2_col |
| EMA 3 Length | int | 40 | ema3_len |
| EMA 3 Color | color | color.yellow | ema3_col |
| EMA 4 Length | int | 75 | ema4_len |
| EMA 4 Color | color | color.green | ema4_col |
| EMA 5 Length | int | 200 | ema5_len |
| EMA 5 Color | color | color.purple | ema5_col |
| Show Bottom Bar | bool | true | show_trend_bar |
| Fill EMA 20-40 | bool | true | show_fill |
| Level 5 Threshold (ATR Multiplier) | float | 2.0 | trend_max_mult |
| Up Trend Base Color | color | color.lime | base_col_up |
| Down Trend Base Color | color | color.red | base_col_dn |
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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