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
No-Lag MA Trend Levels plots both moving averages and fills the space between them with color to highlight trend direction. Upon a crossover or crossunder between the two averages, the script dynamically draws support or resistance level boxes using a 200-period Average True Range, extending them into upcoming bars.
Zero-Lag Moving Average crossover tracking
Dynamic fill shading between moving averages
ATR-based trend level box plotting
Configurable moving average length and color scheme
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Length
int
15
length
Trend Levels
bool
true
show_levl
+
color
#30d453
up
-
color
#4043f1
dn
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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