Moving Average Channel plots separate simple moving averages for upper and lower bands on the price chart. It 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. Us
Indicator · Pine Script v5 · On the chart
Painting Of Price by BITMOON618
This indicator detects pivot highs and lows on the price chart using configurable left and right bars.
Repaints
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code147
Settings3inputs
LicenceNone stated
Last update7 weeks ago6 Sep 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
Painting Of Price by BITMOON618 extends lines from recent pivots in green for lows and red for highs with Fibonacci 1.618 ratio projection. It calculates crossing points of the extended lines and maintains a polyline path of up to pathLength intersection points. The tool updates on the last bar only. Settings control pivot sensitivity and intersection count. All elements plot directly on the price chart as a visual projection aid. It provides no buy or sell signals and may repaint slightly on the live bar as new intersection points form.
- geometric pivots
- extended lines
- intersection polyline
- Fibonacci projection
- pivot detection
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| پایههای چپ پیووت (Left Bars) | int | 5 | leftBars |
| پایههای راست پیووت (Right Bars) | int | 5 | rightBars |
| طول مسیر پلیلاین تقاطع (تعداد کندل) | int | 50 | pathLength |
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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