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
Range Risk Lines v3
A grid overlay that draws horizontal lines above and below the last price at a spacing set in points, with a configurable number of levels per side and an optional middle line.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code84
Settings13inputs
LicenceNone stated
Last update4 days ago25 Oct 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
Each line is labelled with the lot size that would lose a chosen risk amount if price travelled that distance, using the symbol's point value and a contract size input. An info panel shows the tick size, point value and computed range. Point size can be automatic or manual. The grid is redrawn on the last bar.
- Point-spaced grid around the last price
- Lot size per level from a risk amount
- Automatic point size matching the ruler
- Info panel with symbol data
- Line style and label options
Details
Published by
jometa9 on GitHub
Type
Draws
On the price chart
Category
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Range in points | float | 100.0 | range_points |
| Point size (0 = auto) | float | 0.0 | point_size_in |
| Risk amount | float | 100.0 | risk_amount |
| Contract size (units per 1.0 lot) | float | 100.0 | lot_units |
| Grid levels each side | int | 5 | grid_levels |
| Show middle line | bool | true | show_middle_line |
| Line color | color | color.new(color.orange, 0) | line_color |
| Line style | string | Dotted | line_style |
| Line width | int | 2 | line_width |
| Line transparency | int | 0 | line_transparency |
| Show labels | bool | true | show_labels |
| Label size | string | Small | label_size |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show info panel | bool | true | show_info |
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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