Re-create LazyBear Support/Resistance Indicator from TradingView?


New member
Hi everyone.

I was talking with BenTen today and was reminded about an indicator that I used in Tradingview for years (with much, much success) – the LazyBear ‘LB_RSRL’.

It’s basically a dynamic S/R indicator, but the magic is in its ability to alert up slowdowns and down slowdowns. The first link above will take you to a series of chart examples that include the LB_RSRL example – the green dotted lines are the plotted supports; the red dotted lines are the plotted resistances; and, the small (tiny) black arrows are the slowdowns.

Here’s the catch. This indicator was recently lost on Tradingview. If you know Lazybear, he was very active years ago designing tons of amazing indicators all with open access. The LB_RSRL and his MTF indicators were however, private and required a small subscription via the Tradingview Marketplace. Recently, Tradingview decided to close the Marketplace. Thus, the indicator was lost as a result.

The news gets worse, because as happens sometimes, Lazybear disappeared entirely a couple years ago.

So . . . the Treasure Hunt would be this . . . would it be possible to reverse engineer the indicator using the attached manual (with provides some detail and background logic) and some example screenshots?


Link to article:

@borntostun This is a CSA (Combined Signal Indicator) that has 7 distinct indicators in it. Without the source code it would have to be someones passion to build this. Check in here and then peruse through #14, hopefully you'll find something close.!404&authkey=!ABOXXFyQg1iUqFk&page=View&wd=target(03. Technical Analysis/Combined Signal|844ac924-ef07-4ea4-aee6-bd0d7d84ede0/Combined Signal Stop Lights|85fbdde7-3fef-40b6-9f3b-19559125cb5b/)
@borntostun Probably best place for you to look for all these pivot studies is on Johnny Quotron's OneNote repository. In the past 5 years, my recollections is that Mobius had posted more than 8-10 different pivot studies so have a look through there and see which version floats your boat. I believe @markos had posted the link several times here. I don't personally use that archive as I have a different source. Have fun out there.

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
427 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.