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
Chitranjan Shastri: Fixed Ultra-Clear Pilot
This indicator calculates and plots 10, 20, and 50-period Double Exponential Moving Averages (DEMA) directly on the price chart.
GitHub stars7on the repository
Pine versionv5runs as is
Lines of code58
Settings6inputs
LicenceNone stated
Last update3 months ago24 Jul 2026
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
Chitranjan Shastri: Fixed Ultra-Clear Pilot renders user-defined support and resistance zones (RS2, RS1, and Base 1) as shaded boxes anchored to the start of the trading day and extended to the right. On the latest bar, staggered staircase labels display exact prices for the moving averages and levels without overlapping. Users manually configure the upper and lower bounds for each zone via the input settings.
- 10, 20, and 50 period DEMA calculations
- Manual daily support and resistance zone inputs
- Intraday shaded price boxes anchored to day open
- Staggered non-overlapping price labels
Details
Published by
eddiebelaval on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Support & resistance
Markets
Indices
Timeframes
M15-H1
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 |
|---|---|---|---|
| RS2 Top | float | 26013 | rs2_h |
| RS2 Bottom | float | 25913 | rs2_l |
| RS1 Top | float | 25831 | rs1_h |
| RS1 Bottom | float | 25783 | rs1_l |
| B1 Top | float | 25613 | b1_h |
| B1 Bottom | float | 25556 | b1_l |
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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