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 v6 · On the chart
Fibonacci Sequence Circles [BigBeluga]
This indicator plots concentric Fibonacci sequence circles centered around major price anchors, such as pivot highs, pivot lows, or daily/weekly/monthly levels.
Repaints
GitHub stars2on the repository
Pine versionv6current
Lines of code131
Settings23inputs
LicenceNone stated
Last update8 months ago25 Feb 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
The circles scale dynamically in height using an Average True Range (ATR) calculation and expand horizontally based on Fibonacci sequence multipliers. Traders can customize the anchor source, pivot lookback period, and starting sequence value, as well as toggle individual circle visibility and colors. Because pivot points require confirmation bars after the high or low occurs, historical shapes update retroactively as new anchors form.
- Concentric Fibonacci circles plotted using chart polylines
- Anchor options including pivot highs, lows, and timeframes
- Dynamic vertical scaling based on Average True Range
- Customizable visibility and styling for up to 10 sequence circles
Details
Published by
regalouisei on GitHub
Code credit
BigBeluga, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Start | int | 2 | start_val |
| Anchor | string | Pivot High | anchor |
| Pivot | int | 40 | rightBars |
| 1 | bool | true | circle1 |
| col1 | color | color.white | col1 |
| 2 | bool | true | circle2 |
| col2 | color | color.blue | col2 |
| 3 | bool | true | circle3 |
| col3 | color | color.aqua | col3 |
| 4 | bool | true | circle4 |
| col4 | color | color.lime | col4 |
| 5 | bool | true | circle5 |
Show all 23 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| col5 | color | color.yellow | col5 |
| 6 | bool | true | circle6 |
| col6 | color | color.orange | col6 |
| 7 | bool | true | circle7 |
| col7 | color | color.red | col7 |
| 8 | bool | true | circle8 |
| col8 | color | color.maroon | col8 |
| 9 | bool | false | circle9 |
| col9 | color | color.purple | col9 |
| 10 | bool | false | circle10 |
| col10 | color | color.fuchsia | col10 |
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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