Indicator · Pine Script v4 · On the chart

My Macro Cycle Indicator

by davro

My Macro Cycle Indicator plots daily and weekly simple and exponential moving averages on the price chart, plus Pi Cycle and Mayer Multiple levels derived from the 200-day average.

View on GitHub

GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code393
Settings10inputs
LicenceNone stated
Last update5 years ago13 Jul 2021

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

Optional toggles add support-band fills, a Keltner channel, CME futures gaps, a tooltip, and a Fear and Greed market choice. Several overlays, including Pi Cycle averages and dollar-cost-average markers, appear only on BTCUSD daily or higher charts. Most plots start hidden until the user enables them. The excerpt does not define entry or exit rules.

Details

Published by

davro on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Markets

Crypto, Stocks

Timeframes

H4 and above

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.

Settings

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

SettingTypeDefaultVariable
Show Moving AveragesboolfalseshowMovingAverage
Show PI Cycle And Mayers Multiple SMAsboolfalseShow PI Cycle And Mayers Multiple SMAs
Show Support Bands And Trend fillingboolfalseshowSupportBandAndTrendFilling
Chart Background Colorcolorcolor.blackchartBackgroundColor
Show DCA IN (BTCUSD only)boolfalseShow DCA IN (BTCUSD only)
CME history back in daysint20cmeHistoryBack
Show Info TooltipboolfalseshowTooltip
Fear And Greed for :stringCryptofearAndGreedMarket
Show Keltner ChannelboolfalseshowKeltnerChannel
Show Future CME GapboolfalseshowCmeGap
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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