This script plots multiple shapes using the plotshape function in Pine Script v4. It defines fixed y offsets at intervals of 20 and renders flags, squares, diamonds, triangles up, and circles in sizes from tiny to huge. All shapes appear at absolute locations
Indicator · Pine Script v5 · Own pane
Color Triangular Gradient
This script defines a helper function to generate colors via triangular interpolation using TradingView's color.from_gradient.
GitHub stars261on the repository
Pine versionv5runs as is
Lines of code25
Settings0inputs
LicenceNone statedfile: MPL-2.0
Last update4 years ago13 Nov 2021
Add It to Your TradingView Chart
- 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
25 lines of Pine Script v5 from beta/libs/v4_to_v5_conversions/appended to libs/ColorExtension.Function - Color Triangular Gradient.pinescript, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © RicardoSantos
//@version=5
indicator(title='Function - Color Triangular Gradient')
f_color_triangle_gradient(_value, _min, _mid, _max, _min_color, _mid_color, _max_color) => //{
// @function: finds the color output of a triangular gradient
color _col = na
if _value <= _mid
_col := color.from_gradient(_value, _min, _mid, _min_color, _mid_color)
_col
else
_col := color.from_gradient(_value, _mid, _max, _mid_color, _max_color)
_col
_col
//}
r1 = ta.rsi(close, 3)
c1 = f_color_triangle_gradient(r1, 0, 20, 100, color.red, color.yellow, color.lime)
c2 = f_color_triangle_gradient(r1, 0, 50, 100, color.red, color.yellow, color.lime)
c3 = f_color_triangle_gradient(r1, 0, 80, 100, color.red, color.yellow, color.lime)
plot(r1, color=c1, linewidth=15)
plot(r1, color=c2, linewidth=10)
plot(r1, color=c3, linewidth=5)
Overview
The function blends between minimum, mid, and maximum color points based on an input value. It applies the function to the RSI indicator and plots the resulting line three times on the price chart with varying line widths and color schemes transitioning from red through yellow to lime.
- Color Triangular Gradient
- f_color_triangle_gradient
- color.from_gradient
- RSI Indicator
- Triangular Color Blend
Details
Published by
ricardosantos79 on GitHub
Code credit
RicardoSantos, as written in the script's header
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Support & resistance
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.
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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