Indicator · Pine Script v4 · On the chart

Moving Average Channel

by everget

Moving Average Channel plots separate simple moving averages for upper and lower bands on the price chart.

View on GitHub

GitHub stars948on the repository
Pine versionv4older, still runs
Lines of code23
Settings6inputs
LicenceGPL-3.0
Last update10 days ago18 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

Moving Average Channel 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. Users set different sources, lengths, and offsets for each band. The script draws directly on the price chart as an overlay.

Details

Published by

everget on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Category

Moving averages, Support & resistance

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

pinepinescripttechnical-indicatorsindicatorsoscillatorbandsaveragetradingviewindicatormoving-average

Settings

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

SettingTypeDefaultVariable
Upper SourcesourcehighupperSrc
Upper Lengthint20upperLength
Upper Offsetint0upperOffset
Lower SourcesourcelowlowerSrc
Lower Lengthint20lowerLength
Lower Offsetint0lowerOffset
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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