Market Pressure Scale plots two oscillator curves in a separate pane. Setup pressure combines ATR and Bollinger compression, support and resistance proximity, and drying volume. Impulse pressure combines range expansion, volume, and candle body size. A range-c
Indicator · Pine Script v6 · Own pane
V6.0-Down (Right Diagnostic)
A separate-pane diagnostic that measures downside effort as the average of down-bar moves divided by ATR, drawn as inverted heat-coloured columns.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code99
Settings5inputs
LicenceNone stated
Last update2 days ago27 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
V6.0-Down (Right Diagnostic) flags absorption and climax bars when price sits below a weekly midline built from an EMA and SMA and effort exceeds its recent average by a sensitivity factor. Clusters of absorption dots can confirm an exhausted floor, a box marks the zone, and a table summarises the state. The weekly data is requested with lookahead enabled.
- Down-effort columns scaled by ATR
- Absorption and climax markers
- Weekly EMA/SMA midline gate
- Cluster-based floor confirmation
- Diagnostic table and zone box
Details
Published by
cianfru on GitHub
Type
Draws
Separate pane below the chart
Category
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Lookback | int | 14 | atr_len |
| RelVol Lookback | int | 20 | vol_lookback |
| Exhaustion Sensitivity | float | 1.2 | sens |
| Min. Aqua Dots | int | 3 | cluster_req |
| Cluster Window | int | 10 | cluster_look |
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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