Indicator · Pine Script v6 · On the chart

GaussianChannel V1 — Master Trader

by IvPalmer

This indicator plots a four-pole Gaussian channel on the price chart.

View on GitHub

GitHub stars2on the repository
Pine versionv6current
Lines of code88
Settings0inputs
LicenceNone stated
Last updatetoday28 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  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

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

GaussianChannel V1 — Master Trader filters close prices into a yellow midline and filters true range to place equal green and red bands. A long marker prints when price crosses above the upper band and the daily Bitcoin close is above its 200-bar average. A down marker prints when price crosses back under that band. Background tint shows the Bitcoin gate, and a corner table lists the three levels and the gate state. Sampling period, pole count, and width multiplier stay fixed.

Details

Published by

IvPalmer on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Volatility & bands, Trend, Breakout, Screeners & dashboards

Markets

Crypto

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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