Indicator · Pine Script v5 · On the chart

Slimdicator

by tseitz

Slimdicator is a TradingView indicator for cryptocurrency markets that plots multiple moving averages on the price chart including a fast EMA, a medium SMA, and a slow SMA.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code86
Settings2inputs
LicenceNone stated
Last update4 years ago2 Dec 2021

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Slimdicator calculates MACD and RSI values to generate buy and sell signals. The indicator alerts 'Buy the Dip' when MACD shows a bottoming pattern with the close below the buy RSI threshold (default 46) and 'Sell the Rip' when RSI shows a topping pattern above the sell RSI level (default 77). Background coloring highlights buy signals in green and sell signals in red directly on the price chart.

Details

Published by

tseitz on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Oscillators & momentum, Moving averages

Markets

Crypto

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.

SettingTypeDefaultVariable
Buy RSIint46buyRsi
Sell RSIint77sellRsi
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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