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 v5 · On the chart
Trendline Support Resistance 2024
An overlay indicator that plots dynamic trendlines and support/resistance channels on the price chart.
Repaints
GitHub stars56on the repository
Pine versionv5runs as is
Lines of code231
Settings27inputs
LicenceNone stated
Last update2 months ago20 Aug 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
Trendline Support Resistance 2024 detects pivot high and low points across a configurable lookback period to draw S/R zones and calculate trendline slopes using ATR, standard deviation, or linear regression methods. Users can enable up to three customized moving averages and display broken level lines. By default, historical elements use backpainting, causing past visual lines to repaint.
- Dynamic support and resistance channels from pivot points
- Trendlines with configurable slope calculation methods
- Up to three customizable moving average overlays
- Optional display of pivot points and broken S/R levels
Details
Published by
iamc1oud on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Trend, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Swing Detection Lookback | int | 14 | length |
| Slope | float | 1. | mult |
| Slope Calculation Method | string | Atr | calcMethod |
| backpaint | bool | true | backpaint |
| Up Trendline Color | color | color.teal | upCss |
| Down Trendline Color | color | color.red | dnCss |
| Show Extended Lines | bool | true | showExt |
| Pivot Period | int | 10 | prd |
| Source | string | High/Low | ppsrc |
| Maximum Channel Width % | int | 5 | ChannelW |
| Minimum Strength | int | 1 | minstrength |
| Maximum Number of S/R | int | 6 | maxnumsr |
Show all 27 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Loopback Period | int | 290 | loopback |
| Resistance Color | color | color.new(color.red, 75) | res_col |
| Support Color | color | color.new(color.lime, 75) | sup_col |
| Color When Price in Channel | color | color.new(color.gray, 75) | inch_col |
| Show Pivot Points | bool | false | showpp |
| Show Broken Support/Resistance | bool | false | showsrbroken |
| MA 1 | bool | false | showthema1en |
| showthema1len | int | 5 | showthema1len |
| showthema1type | string | SMA | showthema1type |
| MA 2 | bool | false | showthema2en |
| showthema2len | int | 50 | showthema2len |
| showthema2type | string | SMA | showthema2type |
| MA 3 | bool | false | showthema3en |
| showthema3len | int | 200 | showthema3len |
| showthema3type | string | SMA | showthema3type |
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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