OPEN-SOURCE SCRIPT
SouthStone FVG Swing Levels
// Highlights swing highs/lows on a user-selected higher timeframe (default H1)
// that have had a Fair Value Gap (3-bar imbalance) form through them. These
// levels tend to act as high-probability retest targets because price
// "gapped" away from them and liquidity remains.
//
// All detection runs on the selected HTF. Lines use time-based x-coordinates
// so they render identically on ANY chart timeframe. On M5 / M15 / M1 the
// H1 levels remain visible, anchored at the actual pivot times.
//
// Logic (runs on HTF, results piped to chart TF):
// 1. Detect pivot highs and pivot lows on HTF via ta.pivothigh/low.
// 2. Store each pivot as "pending".
// 3. On each HTF bar, check if a new 3-bar FVG has formed:
// Bullish FVG: low[0] > high[2] -> gap = [high[2], low[0]]
// Bearish FVG: high[0] < low[2] -> gap = [high[0], low[2]]
// 4. For each pending pivot:
// a) If this HTF bar forms a valid FVG whose gap contains the pivot
// AND the FVG direction matches (bullish for swing highs, bearish
// for swing lows) -> draw line, pivot done.
// b) Else if the PREVIOUS HTF bar's range touched the pivot level
// without being claimed by an FVG here -> discard pivot forever.
// c) Else -> stay pending.
// 5. Lines extend forward until max line age (in HTF bars) is reached,
// then stop extending with a fixed right endpoint.
//
// Non-repainting HTF pattern: uses [1] offset with lookahead_on per v6
// best practice. Signals appear at the start of the NEXT HTF bar after
// the confirming one.
//
// - Default colours split: swing-high lines (bullish FVG break) now blue
// (#2196f3); swing-low lines (bearish FVG break) remain red (#ef5350).
// Both remain user-configurable.
//
// - Major rewrite for HTF support. All detection logic runs inside a
// request.security() function on the selected HTF, so H1 levels stay
// anchored in time across all chart timeframes.
// - Line x-coordinates switched to xloc.bar_time for cross-TF consistency.
// - maxAge / maxLineAge thresholds now expressed in HTF bars, converted
// internally to milliseconds for time-based comparisons.
// - Added HTF input (default "60" = H1).
// that have had a Fair Value Gap (3-bar imbalance) form through them. These
// levels tend to act as high-probability retest targets because price
// "gapped" away from them and liquidity remains.
//
// All detection runs on the selected HTF. Lines use time-based x-coordinates
// so they render identically on ANY chart timeframe. On M5 / M15 / M1 the
// H1 levels remain visible, anchored at the actual pivot times.
//
// Logic (runs on HTF, results piped to chart TF):
// 1. Detect pivot highs and pivot lows on HTF via ta.pivothigh/low.
// 2. Store each pivot as "pending".
// 3. On each HTF bar, check if a new 3-bar FVG has formed:
// Bullish FVG: low[0] > high[2] -> gap = [high[2], low[0]]
// Bearish FVG: high[0] < low[2] -> gap = [high[0], low[2]]
// 4. For each pending pivot:
// a) If this HTF bar forms a valid FVG whose gap contains the pivot
// AND the FVG direction matches (bullish for swing highs, bearish
// for swing lows) -> draw line, pivot done.
// b) Else if the PREVIOUS HTF bar's range touched the pivot level
// without being claimed by an FVG here -> discard pivot forever.
// c) Else -> stay pending.
// 5. Lines extend forward until max line age (in HTF bars) is reached,
// then stop extending with a fixed right endpoint.
//
// Non-repainting HTF pattern: uses [1] offset with lookahead_on per v6
// best practice. Signals appear at the start of the NEXT HTF bar after
// the confirming one.
//
// - Default colours split: swing-high lines (bullish FVG break) now blue
// (#2196f3); swing-low lines (bearish FVG break) remain red (#ef5350).
// Both remain user-configurable.
//
// - Major rewrite for HTF support. All detection logic runs inside a
// request.security() function on the selected HTF, so H1 levels stay
// anchored in time across all chart timeframes.
// - Line x-coordinates switched to xloc.bar_time for cross-TF consistency.
// - maxAge / maxLineAge thresholds now expressed in HTF bars, converted
// internally to milliseconds for time-based comparisons.
// - Added HTF input (default "60" = H1).
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.