This indicator calculates key support and resistance levels by analyzing the first and second momentum derivatives of a Double Exponential Moving Average (DEMA). When the second derivative (momentum of momentum) crosses zero, it identifies local turning points
Indicator · Pine Script v5 · On the chart
VitAlgo
VitAlgo is an overlay technical indicator suite that provides signal generation and visual trend tracking tools directly on the main price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code932
Settings40inputs
LicenceNone stated
Last update12 months ago31 Oct 2025
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
VitAlgo integrates multiple analysis modules, including customizable Sensitivity-based signal modes, Smart Trail, Reversal Signals, Trend Tracker, Support and Resistance levels, Parabolic SAR, Reversal Cloud, and SuperIchi visual overlays. Traders can modify signal sensitivity, toggle individual chart elements, enable optional RSI and volume filters, and customize take profit point options.
- Sensitivity-based trading signal generator
- Multiple trend and trailing visual overlays
- Support and resistance level plotting
- Integrated SuperIchi and Reversal Cloud modules
Details
Published by
IAMATOMIC001 on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| Sensitivity (0.5 - 12) | float | 5.5 | Sensitivity (0.5 - 12) |
| Signal Mode | string | Trading | Signal Mode |
| Smart Trailââââââ | bool | false | Smart Trailââââââ |
| TP Points | bool | true | TP Points |
| Reversal Signalââââ | bool | false | Reversal Signalââââ |
| Trend Tracker | bool | false | Trend Tracker |
| Support/Resistanceââ | bool | false | Support/Resistanceââ |
| PSAR | bool | false | PSAR |
| Reversal Cloudââââ | bool | true | Reversal Cloudââââ |
| Trend Catcher | bool | false | Trend Catcher |
| SuperIchiââââââ | bool | false | SuperIchiââââââ |
| Small Signals | bool | true | Small Signals |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable? | bool | false | enableCustomTBO |
| TBO Fast | int | 1 | fastLen |
| TBO Medium | int | 2 | mediumLen |
| TBO Med Fast | int | 3 | medfastLen |
| TBO Slow | int | 4 | slowLen |
| Enable? | bool | false | enableRSI |
| Short RSI Band | int | 70 | shortRsiBand |
| Greater/Less Than | string | Greater Than | shortBandGL |
| Long RSI Band | int | 30 | longRsiBand |
| Greater/Less Than | string | Less Than | longBandGL |
| TBO Med Fast | int | 14 | rsiLen |
| Enable? | bool | false | enableTP |
| TP Long % | int | 9 | longTPperc |
| TP Short % | int | 9 | shortTPperc |
| Static | bool | false | static |
| Volume | int | 20000 | volThreshold |
| MA Multiple | bool | false | maMultiple |
| Average | int | 20 | average |
| Multiple X | int | 3 | multipleX |
| Trailtype | string | modified | trailType |
| ATR Period | int | 13 | ATRPeriod |
| ATR Factor | int | 4 | ATRFactor |
| Smoothing | int | 8 | smoothing |
| Color Scheme | string | DARK | colorsr |
| TE - 1 | bool | true | TE1 |
| TE - 2 | bool | true | TE2 |
| TE - 3 | bool | true | TE3 |
| Exhaustion Strength | int | 22 | rsiLengthInput |
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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