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
Upon pivot confirmation, it draws visual wick boxes spanning from the bar's extreme price to its candle body open or close, along with optional extended horizontal level lines and circle markers on the price chart. Input settings allow control over swing length, box and line extension distances, opacities, line widths, and color schemes. Pivots are plotted retroactively following the swing confirmation delay.
Swing high and swing low pivot detection
Wick box zones between price extremes and candle bodies
Customizable box and line extension distances
Optional horizontal level lines and circle markers
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Swing Detection Length
int
5
swingLength
Box Extension (Bars)
int
10
boxExtension
Line Extension (Bars)
int
20
lineExtension
Box Opacity
int
70
boxOpacity
Swing High Box Color
color
color.red
highBoxColor
Swing Low Box Color
color
color.blue
lowBoxColor
Box Border Color
color
color.gray
boxBorderColor
Show Horizontal Lines
bool
true
showLines
Line Opacity
int
0
lineOpacity
Swing High Line Color
color
color.lime
highLineColor
Swing Low Line Color
color
color.lime
lowLineColor
Line Width
int
2
lineWidth
Show all 14 settings
Setting
Type
Default
Variable
Marker Color
color
color.lime
markerColor
Marker Size
string
Small
markerSize
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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