This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high
Indicator · Pine Script v6 · On the chart
N-Degree Moment-Based Adaptive Detection
This indicator calculates an adaptive polynomial regression curve and statistical distribution moments to plot dynamic price bands directly on the chart.
GitHub stars5on the repository
Pine versionv6current
Lines of code99
Settings6inputs
LicenceNone stated
Last update8 months ago21 Feb 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
N-Degree Moment-Based Adaptive Detection fits an n-degree polynomial using matrix pseudo-inverses with optional weighting for time decay and inferred volume based on candle body size. From the residuals, it computes standard deviation, skewness, kurtosis, hyperskewness, and hyperkurtosis to construct basis, deviation, extension, and limit bands. It does not generate trade signals or include trade execution logic.
- N-degree polynomial curve fitting via matrix pseudo-inverse
- Higher-order statistical moments up to sixth degree
- Time and inferred volume weighting options
- Adaptive stepline deviation and limit envelopes
Details
Published by
gorx1 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Trend
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | src |
| length | int | 256 | length |
| Degree | int | 1 | deg |
| Offset | int | 0 | off |
| Time | bool | true | time_ |
| Inferred volume | bool | true | iv |
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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