Moving Average Channel plots separate simple moving averages for upper and lower bands on the price chart. It fills the space between bands with semi-transparent color and colors bars green above the upper band, red below the lower band, or gray in between. Us
Indicator · Pine Script v5 · On the chart
AMD-strategy (All Fixes)
This overlay indicator finds pivot highs and lows from high/low or close/open prices and uses them to draw support and resistance channels and trend lines on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code343
Settings10inputs
LicenceNone stated
Last update1 year ago19 Jan 2025
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
Minimum strength, maximum channel width, and a cap on how many S/R levels appear filter the lines. An EMA length input is included, pivot markers can be shown, and labels can sit a set number of bars ahead. Drawing begins from 1 October of the chosen start year. Despite the strategy name, the script is an indicator and shows no entry, exit, or stop rules.
- Pivot high and low detection
- Support and resistance channels
- Trend line colors and widths
- Optional pivot point markers
- Start-year drawing filter
Details
Published by
Dfulop98 on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot Period | int | 22 | pivotPeriod |
| Pivot Source | string | High/Low | pivotPointSource |
| Number of Pivot Points to check | int | 44 | pivotPointsToCheck |
| Show Pivot Points | bool | false | showPivotPoints |
| EMA length | int | 200 | emaLength |
| Minimum Strength | int | 2 | strengthMin |
| Maximum Channel Width % | int | 8 | channelWidth |
| Maximum Number of S/R | int | 10 | maxNumSR |
| Label Location (bars ahead) | int | 50 | labelOffset |
| Start Year | int | 2024 | startYear |
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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