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
NYSA-Trend Kanali calculates Parabolic SAR to highlight trend shifts with visual buy and sell labels, plots weekly 8-period and 13-period EMAs, and detects weekly MACD crossovers. Users can adjust SAR step parameters, EMA lengths, and resolution settings. Higher-timeframe values calculated via security calls update dynamically on live bars until the weekly bar closes.
Parabolic SAR tracking with buy and sell labels
Multi-timeframe weekly EMA plot overlays
Weekly MACD crossover signal detection
Configurable alert conditions for trend direction changes
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Start
float
0.02
start
Increment
float
0.02
increment
Maximum
float
0.2
maximum
Point Width
int
2
width
Highlight Start Points ?
bool
true
highlightStartPoints
Show Buy/Sell Labels ?
bool
true
showLabels
Highlight State ?
bool
true
highlightState
Length
int
8
ma3_len
Source
source
close
src3
wma9Periyod
timeframe
1W
res3
Length
int
13
ma4_len
Source
source
close
src4
Show all 21 settings
Setting
Type
Default
Variable
wma15Periyod
timeframe
1W
res4
Length
int
8
length
Show Last Channel
bool
true
show
Wait for Break
bool
true
wait
Extend Line
bool
false
extend
Volume BG
bool
false
enable_liquid
Colors
color
color.rgb(2, 255, 99, 91)
top_color
center_color
color
color.gray
center_color
bottom_color
color
color.rgb(255, 1, 1, 92)
bottom_color
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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