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 chooses either exponential or simple averages, then sets a timeframe and period for each of the three lines, defaulting to 15-minute, 60-minute, and 240-minute charts with a length of 50. Values are requested with request.security and drawn as overlays. It does not generate entries, exits, or alerts. The third plot sets its color to na after a green color argument, so that line may not be visible.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
MultiTimeframe MA Type
string
EMA
mtf_type
Timeframe
timeframe
15
resA
MA Periods
int
50
maA
Timeframe
timeframe
60
resB
MA Periods
int
50
maB
Timeframe
timeframe
240
resC
MA Periods
int
50
maC
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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