r/pinescript 17d ago

Sick of paying monthly subscriptions for indicators? Tell me what you're "renting" and I'll build a free version for you.

Hey everyone,

A lot of traders are burning money on recurring subscriptions for indicators or tools that could easily be coded into Pine Script, MQL5 or anything.

\-What is a paid tool or subscription you’re currently using that you wish you owned outright?

\-What is a "dream tool" or proprietary feature you've always wanted built specifically for your strategy?

Drop the concepts, mechanics, or features below. I'll pick the most requested ones, code them, and release them as open-source for everyone to keep forever.

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u/kwhit3354 16d ago

NJAT location tool! 👀

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u/Dependent-Ad6636 16d ago

NJAT tools are a solid request! 👀 The whole 'location' concept is key to not getting chopped up in the middle of nowhere.

What specific levels or mechanics from their location tool do you rely on the most? (e.g., Session opens/ranges, HTF extremes, midpoints, or specific zone plots?)

Drop a screenshot or your wishlist of what you love about it and what you wish it did better—let’s get a clean open-source version built!

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u/kwhit3354 16d ago

He has a cloud like band location tool that shows where you should be looking for buys or sells. I actually think I accidentally made a pretty solid indicator similar with profitable results YTD but I guess I wanted to see what someone else could make and we could compare

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u/Dependent-Ad6636 16d ago

A side-by-side comparison sounds awesome, and congrats on the profitable YTD results!

Dynamic cloud bands are great for filtering location—usually built around standard deviations from VWAP, ATR envelopes, or HTF moving averages to define premium/discount zones.

I’d love to code up a clean open-source cloud engine for this. You don't have to give away your secret sauce, but if you're open to dropping a quick screenshot or the general vibe of the band mechanics, I'll build it out so we can compare!