ZeroDTE Range Predictor: Free TradingView Indicator (Pine Script)

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

Reversal signal triangles appear when price nears a projected boundary and RSI, stochastic and a Williams Vix Fix spike agree. Inputs set session time, projection multipliers and indicator thresholds, and a regime label can be shown. It is designed for a five-minute chart in New York time.

Opening observation range box
Volatile or calm regime classification
Projected session high and low lines
RSI, stochastic and Williams Vix Fix signal triangles
Regime label

Details

Published by

xynkro on GitHub

Code credit

Caspar — ZeroDTE project, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Markets

Indices

Timeframes

M1-M5

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.

File

indicators/zerodte_range_predictor.pine

Repository

github.com/xynkro/ZeroDTE. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Session timezone	`string`	`America/New_York`	`session_tz`
Observation window (minutes after open)	`int`	`15`	`obs_minutes`
Session start hour (ET)	`int`	`9`	`session_start_h`
Session start minute (ET)	`int`	`30`	`session_start_m`
Volatile threshold (obs_range / ATR(14) D1)	`float`	`1.5`	`volatile_mult`
NON-VOLATILE: project range (× obs_range each side)	`float`	`1.5`	`nv_range_mult`
VOLATILE: project range (× ATR(14) D1 each side)	`float`	`2.0`	`v_atr_mult`
RSI length	`int`	`14`	`rsi_len`
RSI overbought (call signal)	`int`	`70`	`rsi_long_thr`
RSI oversold (put signal)	`int`	`30`	`rsi_short_thr`
Stoch %K length	`int`	`14`	`stoch_k_len`
Stoch %D length	`int`	`3`	`stoch_d_len`

Show all 21 settings

Setting	Type	Default	Variable
Stoch overbought level	`int`	`80`	`stoch_high_thr`
Stoch oversold level	`int`	`20`	`stoch_low_thr`
Williams Vix Fix period	`int`	`22`	`wvf_period`
WVF BB multiplier (spike threshold)	`float`	`2.0`	`wvf_bb_mult`
Signal triggers when within X×ATR of projected boundary	`float`	`0.5`	`near_proj_atr`
Show observation range box	`bool`	`true`	`show_obs_range`
Show projected high/low lines	`bool`	`true`	`show_proj_lines`
Show entry signal triangles	`bool`	`true`	`show_signals`
Show regime label	`bool`	`true`	`show_regime_lbl`

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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