Indicator · Pine Script v5 · On the chart

UnizonesAlgo (Universal Zones)

by Tradehook-org

UnizonesAlgo identifies and plots higher-timeframe supply and demand zones on the main price chart using pivot highs and lows.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code135
Settings10inputs
LicenceNone stated
Last update8 months ago16 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

UnizonesAlgo (Universal Zones) generates trade signals when price reaches a zone, demonstrates rejection, and receives confirmation from volume exceeding a moving average threshold. The indicator calculates dynamic stop-loss and take-profit levels using ATR multipliers. Inputs allow users to adjust the zone timeframe, pivot strength, volume multipliers, and risk settings. Note that higher-timeframe data is requested using lookahead.

Details

Published by

Tradehook-org on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Support & resistance, Volatility & bands, Volume

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Higher Timeframe for Zonestimeframe240zone_tf
Zone Lookback (HTF Bars)int20zone_lookback
Zone Strength (Pivot Length)int10zone_strength
ATR Periodint14atr_period
ATR Multiplier for Stop Lossfloat2.0atr_multiplier_sl
ATR Multiplier for Take Profitfloat4.0atr_multiplier_tp
Volume MA Periodint20vol_period
Volume Confirmation Multiplierfloat1.5vol_threshold
Show Zonesbooltrueshow_zones
Show Entry Signalsbooltrueshow_signals
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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