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
Users can configure the signal line as an exponential moving average or a simple moving average with adjustable length. When enabled, a dynamic ribbon fills the space between the Accumulation/Distribution line and the signal line, colored green when above and red when below. The indicator also provides optional visual markers for bullish crossovers and bearish crossunders between the two lines.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Show Signal ?
bool
true
showSignal
Signal Smoothing Type
string
SMA
signalType
Signal Smoothing Length
int
21
signalLength
Highlight Crossovers ?
bool
false
highlightCrossovers
Apply Ribbon Filling ?
bool
true
applyFilling
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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