1Copy the scriptPress Copy script above, or the copy button on the code below.
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
200 lines of Pine Script v6 from snippets/pinescript/basic-usage.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
Basic Usage Examples calculates and plots simple and exponential moving averages, Bollinger Bands fills, and visual shapes for price crossovers against the moving average. It also showcases background coloring based on trend direction, alert conditions for price crosses and RSI thresholds, and standard input types on the main chart.
Moving average crossover visual signals
Dynamic background coloring for trend conditions
Bollinger Bands cloud fill illustration
Configurable moving average inputs and types
Alert conditions for price crosses and RSI thresholds
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
MA Length
int
20
length
Show Signals
bool
true
boolInput
Period
int
14
intInput
Multiplier
float
2.0
floatInput
MA Type
string
SMA
stringInput
Line Color
color
color.blue
colorInput
Price Source
source
close
sourceInput
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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