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 v4 · On the chart
Auto Fib Retracement
An overlay indicator that finds swing pivots using a depth setting and a minimum percentage deviation, then draws a dashed line between the latest two swings and Fibonacci levels from that move.
Repaints
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code216
Settings21inputs
LicenceNone stated
Last update6 years ago21 May 2020
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
Levels from 0 to 1.618 are shown by default, with 2.618, 3.618 and 4.236 available, each with its own switch. Settings extend lines left or right, reverse the direction, and show level values or percentages and prices. The latest swing line is redrawn as new pivots form.
- Automatic swing detection by depth and deviation
- Selectable Fibonacci levels up to 4.236
- Level and price labels
- Extend lines left or right, reverse option
Details
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Deviation | float | 5 | dev_threshold |
| Depth | int | 10 | depth |
| Extend Lines Left | bool | false | extendLeft |
| Extend Lines Right | bool | true | extendRight |
| Reverse | bool | false | reverse |
| Prices | bool | true | prices |
| Levels | bool | true | levels |
| Levels Format | string | Values | levelsFormat |
| 0 | bool | true | sl1 |
| 0.236 | bool | true | sl2 |
| 0.382 | bool | true | sl3 |
| 0.5 | bool | true | sl4 |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| 0.618 | bool | true | sl5 |
| 0.786 | bool | true | sl6 |
| 1 | bool | true | sl7 |
| 1.272 | bool | true | sl8 |
| 1.414 | bool | true | sl9 |
| 1.618 | bool | true | sl10 |
| 2.618 | bool | false | sl11 |
| 3.618 | bool | false | sl12 |
| 4.236 | bool | false | sl13 |
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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