Grid Bot [Grid Range Plugin] Two…: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above, or the copy button on the code below.
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

88 lines of Pine Script v6 from plugins/Grid Bot [Grid range plugin] Two Moving Avarages [psyll].pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

Grid Bot [Grid range plugin] Two Moving Avarages [psyll].pine

//@version=6
// Author: Psyll.com
// Email: info@psyll.com
// Website: https://psyll.com
// Copyright: Copyright © 2025 psyll.com. All rights reserved.
indicator('Grid Bot [Grid range plugin] Two Moving Avarages [psyll]', overlay = false)
ma(ma_type, ma_source, ma_length) =>
    float result = 0
    if ma_type == 'EMA'
        result := ta.ema(ma_source, ma_length)
        result
    if ma_type == 'SMA'
        result := ta.sma(ma_source, ma_length)
        result
    if ma_type == 'WMA'
        result := ta.wma(ma_source, ma_length)
        result
    if ma_type == 'HMA'
        result := ta.hma(ma_source, ma_length)
        result
    if ma_type == 'RMA'
        result := ta.rma(ma_source, ma_length)
        result
    if ma_type == 'VWMA'
        result := ta.vwma(ma_source, ma_length)
        result
    if ma_type == 'DEMA'
        result := 2 * ta.ema(ma_source, ma_length) - ta.ema(ta.ema(ma_source, ma_length), ma_length)
        result
    if ma_type == 'TEMA'
        result := 3 * (ta.ema(ma_source, ma_length) - ta.ema(ta.ema(ma_source, ma_length), ma_length)) + ta.ema(ta.ema(ta.ema(ma_source, ma_length), ma_length), ma_length)
        result
    if ma_type == 'ZLEMA'
        result := ta.ema(ma_source + ma_source - ma_source[(ma_length - 1) / 2], ma_length)
        result
    result
decimal_places = 0
tick_size = syminfo.mintick
while tick_size < 1
    tick_size := tick_size * 10
    decimal_places := decimal_places + 1
    decimal_places
settings_group = 'Settings #################################################'
ma_type = input.string('SMA', 'Type', options = ['SMA', 'EMA', 'WMA', 'HMA', 'RMA', 'VWMA', 'DEMA', 'TEMA', 'ZLEMA'], group = settings_group, display = display.none)
fastLength = input(10, title = 'Fast EMA Length', group = settings_group, display = display.none)
slowLength = input(20, title = 'Slow EMA Length', group = settings_group, display = display.none)
source = input.source(defval = close, title = 'Source', group = settings_group, display = display.none)
deviations = input(2.0, title = 'Number of Deviations', group = settings_group, display = display.none)
offset = input.float(1, 'Offset', group = settings_group, display = display.none)
width_min = input.float(0, 'Min width', group = settings_group, display = display.none)
width_max = input.float(99999, 'Max width', group = settings_group, display = display.none)
width_min_half = width_min / 2
width_max_half = width_max / 2
tf_group = 'Timeframe ###############################################'
tf_confirmation_wait = input.bool(defval = true, title = 'Wait for confirm', group = tf_group, inline = tf_group, display = display.none)
tf_no_repaint_security = input.bool(defval = true, title = 'No repaint', group = tf_group, inline = tf_group, display = display.none)
tf_barmerge_lookahead = input.bool(defval = false, title = 'Lookahead', group = tf_group, inline = tf_group, display = display.none)
tf_barmerge_gaps = input.bool(defval = false, title = 'Gaps', group = tf_group, inline = tf_group, display = display.none)
tf_type = input.string(title = 'Type', options = ['Static', 'Custom'], defval = 'Static', group = tf_group, display = display.none)
tf_static = input.timeframe(defval = '', title = 'Static', group = tf_group, display = display.none)
tf_custom = str.tostring(input.int(1, 'Custom', group = tf_group, display = display.none))
tf_type_value = switch tf_type
    'Static' => tf_static
    'Custom' => tf_custom
tf_security(source) =>
    request.security(syminfo.tickerid, tf_type_value, tf_no_repaint_security ? source[barstate.isrealtime ? 1 : 0] : source, gaps = tf_barmerge_gaps ? barmerge.gaps_on : barmerge.gaps_off, lookahead = tf_barmerge_lookahead ? barmerge.lookahead_on : barmerge.lookahead_off)[tf_no_repaint_security ? barstate.isrealtime ? 0 : 1 : 0]
display_group = 'Display ##################################################'
price_color = input.color(color.black, 'Candles color', display = display.none, group = display_group)
// Plot pricecandle
plotcandle(open, high, low, close, color = price_color, bordercolor = price_color, wickcolor = price_color, display = display.pane)
fastEMA = tf_security(ma(ma_type, source, fastLength))
slowEMA = tf_security(ma(ma_type, source, slowLength))
combinedEMA = (fastEMA + slowEMA) / 2
priceDeviation = deviations * tf_security(ta.stdev(combinedEMA, slowLength))
grid_high = combinedEMA + priceDeviation + offset
grid_low = combinedEMA - priceDeviation - offset
grid_middle = (grid_high + grid_low) / 2
if grid_high - grid_low < width_min
    grid_high := grid_middle + width_min_half
    grid_low := grid_middle - width_min_half
    grid_low
if grid_high - grid_low > width_max
    grid_high := grid_middle - width_max_half
    grid_low := grid_middle + width_max_half
    grid_low
plot(grid_high, 'High', color.green, display = display.all)
plot(grid_middle, 'Middle', color.silver, display = display.pane)
plot(grid_low, 'Low', color.red, display = display.all)

Overview

Grid Bot [Grid Range Plugin] Two Moving Averages supports nine different moving average types, including SMA, EMA, HMA, DEMA, TEMA, and ZLEMA, across customizable fast and slow periods. Users can configure deviation multipliers, minimum and maximum width boundaries, and offsets. Plotted in a separate pane, it provides dynamic boundary inputs for grid trading strategies. It also features multi-timeframe functionality with configurable security options for confirmation and repainting controls.

Supports 9 moving average types including SMA, EMA, HMA, and TEMA
Dual fast and slow moving average length calculations
Configurable min/max width filters and deviation offsets
Multi-timeframe security settings with custom timeframe options

Details

Published by

cullyk on GitHub

Code credit

Copyright, as written in the script's header

Type

Indicator, Pine Script v6

Draws

Separate pane below the chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

plugins/Grid Bot [Grid range plugin] Two Moving Avarages [psyll].pine

Repository

github.com/cullyk/Grid-Bot. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Type	`string`	`SMA`	`ma_type`
Fast EMA Length	`int`	`10`	`fastLength`
Slow EMA Length	`int`	`20`	`slowLength`
Source	`source`	`close`	`source`
Number of Deviations	`float`	`2.0`	`deviations`
Offset	`float`	`1`	`offset`
Min width	`float`	`0`	`width_min`
Max width	`float`	`99999`	`width_max`
Wait for confirm	`bool`	`true`	`tf_confirmation_wait`
No repaint	`bool`	`true`	`tf_no_repaint_security`
Lookahead	`bool`	`false`	`tf_barmerge_lookahead`
Gaps	`bool`	`false`	`tf_barmerge_gaps`

Show all 16 settings

Setting	Type	Default	Variable
Type	`string`	`Static`	`tf_type`
Static	`timeframe`		`tf_static`
Custom	`int`	`1`	`Custom`
Candles color	`color`	`color.black`	`price_color`

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.

Similar Pine Scripts

BTC Multiples

by readysetcryptocodes

43

BTC Multiples calculates and displays Bitcoin macro valuation metrics in a separate pane, including the Mayer Multiple, Stock-to-Flow Multiple, Difficulty Multiple, and Puell Multiple. Each valuation multiple features configurable overvalued and undervalued th

Indicator v4 Moving averagesSupport & resistance

Updated 2 years ago · None stated

MACD Breakout

by jerryinyang

5

MACD Breakout builds a higher-timeframe MACD from preset fast and slow lengths using SMA or EMA, and marks support and resistance zones from histogram sensitivity. Optional filters require zero-line agreement, higher-timeframe direction, and linear-regression

Indicator v4 Oscillators & momentumMoving averages

Updated 2 years ago · None stated

Noob's Indicators

by InNoobWeTrust

4

This Pine Script indicator plots multiple exponential moving averages in a separate pane for technical analysis. It calculates Elliott wave EMAs using Fibonacci wave counts of 34 and 89, plus 200-session and golden ratio lines. Additional Pythagorean cloud lev

Indicator v5 Moving averagesSupport & resistance

Updated 2 days ago · None stated

Cipher B

by diehardyearone

3

Cipher B is a multi-indicator plotting WaveTrend oscillator lines and signals alongside Stochastic RSI, MFI area with color bars, and buy sell marks. It draws all elements in a separate pane. WaveTrend calculates using SMMA and EMA on source like ohlc4 with ad

Indicator v6 Oscillators & momentumMoving averages

Updated 1 year ago · None stated

Debugging Visualization Patterns

by monch1962

3

This indicator demonstrates debugging visualization patterns for Pine Script. It plots value tracking with mean, min, and max reference lines, condition markers using shapes and arrows, historical comparisons with standard deviation bands, multi-series overlay

Indicator v5 Moving averagesVolatility & bands

Updated 7 months ago · None stated

Ichimoku Cloud Weight Original

by g-moe

3

This indicator renders Ichimoku cloud components consisting of conversion line, base line, leading span A and leading span B. It tracks Tenkan-Kijun crosses and assigns a numeric score to each based on whether the cross occurs below, inside or above the Kumo c