Indicator · Pine Script v6 · On the chart

Dual Moving Average Ribbon

by major

This indicator plots two customizable moving averages on the price chart: a fast MA and a slow MA.

View on GitHub

GitHub stars2on the repository
Pine versionv6current
Lines of code64
Settings6inputs
LicenceApache-2.0
Last update3 months ago29 Jul 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

64 lines of Pine Script v6 from dual_ma_ribbon/dual_ma_ribbon.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

dual_ma_ribbon.pine
//@version=6
indicator("Dual Moving Average Ribbon", shorttitle="Dual MA Ribbon", overlay=true)

// === INPUTS ===
// Fast MA Settings
grpFast = "Fast Moving Average"
fastLength = input.int(21, "Length", minval=1, group=grpFast)
fastType = input.string("SMA", "Type", options=["SMA", "EMA", "WMA", "VWMA", "RMA", "HMA", "ALMA", "SMMA", "LSMA", "DEMA", "TEMA"], group=grpFast)
fastSource = input.source(close, "Source", group=grpFast)

// Slow MA Settings
grpSlow = "Slow Moving Average"
slowLength = input.int(50, "Length", minval=1, group=grpSlow)
slowType = input.string("SMA", "Type", options=["SMA", "EMA", "WMA", "VWMA", "RMA", "HMA", "ALMA", "SMMA", "LSMA", "DEMA", "TEMA"], group=grpSlow)
slowSource = input.source(close, "Source", group=grpSlow)

// Colors (edit in Style tab)
bullColor = #089981
bearColor = #ef5350

// === MA CALCULATION FUNCTION ===
calcMA(src, len, maType) =>
    switch maType
        "SMA" => ta.sma(src, len)
        "EMA" => ta.ema(src, len)
        "WMA" => ta.wma(src, len)
        "VWMA" => ta.vwma(src, len)
        "RMA" => ta.rma(src, len)
        "HMA" => ta.hma(src, len)
        "ALMA" => ta.alma(src, len, 0.85, 6)
        "SMMA" =>
            smma = 0.0
            smma := na(smma[1]) ? ta.sma(src, len) : (smma[1] * (len - 1) + src) / len
            smma
        "LSMA" => ta.linreg(src, len, 0)
        "DEMA" =>
            ema1 = ta.ema(src, len)
            ema2 = ta.ema(ema1, len)
            2 * ema1 - ema2
        "TEMA" =>
            ema1 = ta.ema(src, len)
            ema2 = ta.ema(ema1, len)
            ema3 = ta.ema(ema2, len)
            3 * ema1 - 3 * ema2 + ema3
        => ta.sma(src, len)

// === CALCULATE MAs ===
fastMA = calcMA(fastSource, fastLength, fastType)
slowMA = calcMA(slowSource, slowLength, slowType)

// === PLOTTING ===
fastPlot = plot(fastMA, "Fast MA", color=color.new(bullColor, 35), linewidth=1)
slowPlot = plot(slowMA, "Slow MA", color=color.new(bearColor, 35), linewidth=1)

// Fill between MAs
fillColor = fastMA > slowMA ? color.new(bullColor, 85) : color.new(bearColor, 85)
fill(fastPlot, slowPlot, color=fillColor, title="MA Fill")

// === ALERT CONDITIONS ===
bullishCross = ta.crossover(fastMA, slowMA)
bearishCross = ta.crossunder(fastMA, slowMA)

alertcondition(bullishCross, title="Bullish Crossover", message="{{ticker}}: Fast MA crossed ABOVE Slow MA")
alertcondition(bearishCross, title="Bearish Crossover", message="{{ticker}}: Fast MA crossed BELOW Slow MA")

Overview

Users can select from SMA, EMA, WMA and other types, with source options such as close. It fills the area between the lines with color based on which MA is above. Crossovers trigger bullish and bearish alerts. Settings let you change lengths, MA types and sources. It helps spot trend changes and momentum shifts across markets and timeframes.

Details

Published by

major on GitHub

Draws

On the price chart

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.

SettingTypeDefaultVariable
Lengthint21fastLength
TypestringSMAfastType
SourcesourceclosefastSource
Lengthint50slowLength
TypestringSMAslowType
SourcesourcecloseslowSource
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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