This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre
Indicator · Pine Script v5 · On the chart
V8 Fast Rounded Bottom/Top Catcher
An indicator for four-hour charts that looks for a sharp drop followed by a slow, controlled recovery, treated as a rounded bottom, and the inverse for a rounded top.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code546
Settings26inputs
LicenceNone stated
Last update7 months ago13 Mar 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
Window lengths, minimum percentage moves, a directional-bar ratio and a daily EMA direction filter set the pattern. For each detected setup it draws entry labels with ATR-based fixed and trailing stops, optional partial take profit and lines, and an optional volume check.
- Fast drop then slow rise pattern detection
- Daily EMA direction filter
- ATR fixed and trailing stops
- Optional partial profit target
- Long and short toggles with trade plan labels
Details
Published by
snoozie-v on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Mean reversion, Volatility & bands
Markets
Crypto
Timeframes
H4 and above
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 |
|---|---|---|---|
| Drop/Pump Window (4H bars) | int | 90 | drop_window |
| Min Drop/Pump % | float | 12.5 | min_drop_pct |
| Rise/Decline Window (4H bars) | int | 85 | rise_window |
| Min Directional Bars Ratio | float | 0.3 | min_up_bars_ratio |
| Max Single Up Bar % | float | 12.0 | max_single_up |
| Max Single Down Bar % | float | -5.0 | max_single_down |
| Min Total Move % | float | 2.5 | min_rise_pct |
| Require Volume Confirmation | bool | false | use_volume |
| Volume SMA Length | int | 120 | vol_sma_len |
| Daily EMA Period | int | 4 | daily_ema_len |
| ATR Period | int | 22 | atr_period |
| Trailing Stop ATR Mult | float | 5.0 | atr_trailing_mult |
Show all 26 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fixed Stop ATR Mult | float | 2.9 | atr_fixed_mult |
| Fallback Trailing % | float | 9.5 | trailing_pct |
| Fallback Fixed Stop % | float | 6.0 | fixed_stop_pct |
| Enable Partial Profit | bool | false | use_partial |
| Partial Target ATR Mult | float | 5.75 | partial_target_mult |
| Partial Sell Ratio | float | 0.5 | partial_sell_ratio |
| Enable Long Entries | bool | true | enable_longs |
| Enable Short Entries | bool | true | enable_shorts |
| Show TP/SL Lines | bool | true | show_tp_sl_lines |
| Show Trade Plan Labels | bool | true | show_trade_labels |
| Show Dynamic SL Line | bool | true | show_dynamic_sl |
| Show Partial TP Labels | bool | true | show_partial_labels |
| Show Drop/Pump Detection Labels | bool | true | show_drop_labels |
| Account Equity ($) | float | 10000 | account_equity |
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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