This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
Indicator · Pine Script v6 · Own pane
Lightweight Indicator Template
This lightweight indicator template calculates a simple moving average based on a user-selected price source and lookback length.
GitHub stars1on the repository
Pine versionv6current
Lines of code27
Settings2inputs
LicenceMPL-2.0
Last update8 weeks ago4 Sep 2026
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
27 lines of Pine Script v6 from assets/templates/indicator_lite_template.pine, published under MPL-2.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © {{SHORTTITLE}}
//@version=6
indicator(
"{{TITLE}}", shorttitle="{{SHORTTITLE}}", overlay={{OVERLAY}})
// Lightweight indicator template — no dashboard, no test block.
// Best for: simple overlays, single-line indicators, quick scripts.
// Use the "full" profile when you need a dashboard, tests, or theming.
// ————— Inputs
int lengthInput = input.int(14, "Length", minval=1, maxval=2000,
tooltip="Lookback in bars.")
float sourceInput = input.source(close, "Source",
tooltip="Price series to compute from.")
// ————— Calculations
float maValue = ta.sma(sourceInput, lengthInput)
bool trendUp = sourceInput > maValue
// ————— Visuals
color maColor = trendUp ? #089981 : #f23645
plot(maValue, "MA", color=maColor, linewidth=2)
// ————— Alerts
alertcondition(ta.cross(sourceInput, maValue), "MA Cross", "Price crossed the MA")
Overview
Lightweight Indicator Template plots the calculated moving average line, dynamically coloring it green when the price is above the moving average and red when below. The script also includes a price cross alert condition. It serves as a minimalistic starter scaffold for developing simple Pine Script v6 indicators without additional complex overhead like dashboards or embedded testing blocks.
- Simple moving average line with dynamic trend coloring
- Configurable lookback length and price source inputs
- Built-in cross alert condition between price and moving average
- Minimalist Pine Script v6 project template
Details
Published by
MoDarK-MK on GitHub
Code credit
{{SHORTTITLE}}, as written in the script's header
Type
Draws
Separate pane below the chart
Category
Markets
Any symbol
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.
Topics
ci-cdindicatorslinterpine-scriptpythonstrategiestradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length | int | 14 | lengthInput |
| Source | source | close | sourceInput |
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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