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
The user pastes six CME range values for the 1, 2 and 3 SD put and call sides. The script adds or subtracts them from an open price, taken automatically from a chosen timeframe or entered manually, and draws labelled buy and sell lines. Settings control line extension, label offsets, widths, colours and alerts. The automatic open uses higher-timeframe data with lookahead enabled.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Paste CME Ranges Here
string
81.3,54.4,27.3,27.3,55,82.8
rangeData
Open Price Source
string
Auto Chart Open
openSource
Auto Open Timeframe
timeframe
D
openTimeframe
Manual XAUUSD Open
float
0.0
manualOpen
Show Lines
bool
true
showLines
Show Labels
bool
true
showLabels
Line Extend
string
Both
extendModeInput
Label Horizontal Offset
int
15
labelOffset
Label Vertical Offset Price
float
3.0
labelYOffset
Open Price Line Width
int
3
openLineWidth
SD Line Width
int
2
sdLineWidth
Open Price Color
color
color.rgb(255, 215, 0)
openColor
Show all 20 settings
Setting
Type
Default
Variable
Buy SD Color
color
color.rgb(0, 200, 120)
buyColor
Sell SD Color
color
color.rgb(255, 80, 80)
sellColor
Open Label Color
color
color.rgb(255, 230, 80)
openTextColor
Buy Label Color
color
color.rgb(0, 255, 160)
buyTextColor
Sell Label Color
color
color.rgb(255, 120, 120)
sellTextColor
Label Background
color
color.new(color.black, 85)
labelBg
Label Size
string
normal
labelSizeInput
Enable Dynamic Alerts
bool
true
enableAlerts
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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