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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 v5 · On the chart
Green Wave | Sathvik
Green Wave plots a Fibonacci golden zone between the latest swing high and swing low on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code195
Settings17inputs
LicenceNone stated
Last update2 days ago28 Oct 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
Green Wave | Sathvik finds the range high and low over a configurable swing length, stores recent pivots, and draws two retracement lines, by default at 0.5 and 0.618, with an optional shaded fill. A label box is placed on the last bar. Swing range, ratio pair, colors, and text size change the zone. Confirmed pivot mode exists but stays off unless debugging is enabled. It does not issue trade entries or exits.
- Swing high and low detection
- Golden zone Fibonacci lines
- Optional shaded zone fill
- Last-bar zone label
- Adjustable swing range and ratios
Details
Published by
Gethubsathvik on GitHub
Type
Draws
On the price chart
Category
Markets
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Swing Range | int | 20 | pivotRange |
| Use Pivots | bool | false | Use Pivots |
| fibArea1 | float | 0.5 | fibArea1 |
| - | float | 0.618 | fibArea2 |
| Golden Zone Lines | color | color.new(color.green, 80) | gzLineColor |
| Show Area | bool | true | showArea |
| gzAreaColor | color | color.new(color.green, 90) | gzAreaColor |
| Text Size | string | Normal | textSize |
| textColor | color | color.new(color.white, 30) | textColor |
| Detection Length | int | 14 | detectionLength |
| Smoothing | int | 10 | smoothing |
| EMA Lengths | int | 9 | EMA1Length |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA2Length | int | 21 | EMA2Length |
| Labels | bool | true | labelEnabled |
| Bearish | color | #f23646 | bearishColor |
| Neutral | color | color.gray | neutralColor |
| Bullish | color | #089981 | bullishColor |
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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