This indicator plots an anchored MIDAS support and resistance curve from launch-anchored volume-weighted price on the price chart. It adds two configurable volume-weighted standard-deviation, ATR, or hybrid bands and a topfinder or bottomfinder accelerated exh
Indicator · Pine Script v6 · On the chart
Volumetric Regression Heatmap
An overlay indicator that fits a regression channel over a base period, optionally resizing the period with volatility, and fills parallel levels above and below it with a colour gradient based on traded volume.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code353
Settings25inputs
LicenceNone stated
Last update3 months ago6 Jul 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
Optional mean reversion signals appear when price reaches a standard deviation band while the slope is flat. Extras include buy and sell volume histograms, a volume profile, a forward projection and a dashboard. Credited to LuxAlgo.
- Regression channel with volume heatmap
- Mean reversion signals at deviation bands
- Buy and sell delta histograms
- Volume profile and dashboard
Details
Published by
woodstock-tokyo on GitHub
Code credit
LuxAlgo, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volume, Mean reversion, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | hl2 | sourceInput |
| Base Period | int | 400 | baseLengthInput |
| Dynamic Auto-Adjusting Period | bool | true | dynamicLengthInput |
| Grid Rows Each Side | int | 40 | numBinsInput |
| Gradient Smoothing | int | 4 | smoothBinsInput |
| Color 1 (Low Volume) | color | color.new(#000000, 100) | color1Input |
| Color 2 | color | color.new(#5b9cf6, 95) | color2Input |
| Color 3 | color | color.new(#089981, 90) | color3Input |
| Color 4 | color | color.new(#ff9800, 80) | color4Input |
| Color 5 (High Volume) | color | color.new(#f23645, 60) | color5Input |
| Show Mean Reversion Signals | bool | true | showSignalsInput |
| Signal Band (SD Multiplier) | float | 2.0 | signalBandInput |
Show all 25 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Flat Slope Threshold | float | 2.5 | slopeThresholdInput |
| Show Top/Bottom Delta Histograms | bool | true | showDeltaInput |
| Histogram Height Scale | float | 0.6 | deltaScaleInput |
| Histogram Bar Width | int | 3 | deltaWidthInput |
| Buy Volume Color | color | color.new(#089981, 40) | buyColorInput |
| Sell Volume Color | color | color.new(#f23645, 40) | sellColorInput |
| Heatmap Line Width | int | 10 | lineWidthInput |
| Future Projection Length | int | 30 | extendLengthInput |
| Show Volume Profile Histogram | bool | true | showProfileInput |
| Histogram Width | int | 30 | profileWidthInput |
| Dashboard | bool | true | dashboardInput |
| Position | string | TOP_RIGHT | dashboardPositionInput |
| Size | string | SMALL | dashboardSizeInput |
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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