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
Trend Line Methods
Trend Line Methods draws optional trend geometry on the price chart.
GitHub stars7on the repository
Pine versionv6current
Lines of code412
Settings16inputs
LicenceNone stated
Last update3 months ago24 Jul 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
The pivot span method stores recent pivot highs and lows using left and right confirmation bars, a pivot count, and a lookback length, then plots a high trend line and a low trend line with a filled area between them. A second method, the five-point straight channel, is off by default and uses its own length, colors, thickness, and style. Line appearance is adjustable. The excerpt ends before the full drawing logic, and no entry, exit, or stop rules are defined.
- Pivot span high and low trend lines
- Fill between high and low trend lines
- Optional five-point straight channel
- Pivot left, right, count, and lookback settings
- Line color, width, and style controls
Details
Published by
eddiebelaval on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Support & resistance
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 |
|---|---|---|---|
| Enable Pivot Span Trendline | bool | true | enable_pivot_span_trendline |
| High trend line color | color | #ff7b00 | trend_high_color |
| Low trend line color | color | #ff7b00 | trend_low_color |
| Fill color between trend lines | color | #ff7b00 | pivot_span_fill_color |
| Trend line thickness | int | 2 | trend_line_width |
| Trend line style | string | dashed | trend_line_style |
| Pivot Left | int | 5 | pivot_left_input |
| Pivot Right | int | 5 | pivot_right_input |
| Pivot Count | int | 5 | point_count_input |
| Lookback Length | int | 150 | length_input |
| Enable 5-Point Straight Channel | bool | false | enable_five_point_channel |
| High channel line color | color | #ff00d0 | five_hi_color |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Low channel line color | color | #ff00d0 | five_lo_color |
| Channel line thickness | int | 3 | five_line_width |
| Channel line style | string | solid | five_line_style |
| Channel Length (bars) | int | 100 | len_channel_5pt |
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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