Indicator · Pine Script v5 · On the chart

SnagProfit Trending

by dearvn

SnagProfit Trending is a multi-timeframe dashboard indicator that monitors trend direction across multiple resolutions using exponential moving average alignments.

View on GitHub

Repaints

GitHub stars4on the repository
Pine versionv5runs as is
Lines of code308
Settings6inputs
LicenceNone stated
Last update4 years ago25 Jul 2022

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

SnagProfit Trending calculates EMA relationships across timeframes starting from lower intervals like the one-minute chart to evaluate bullish, bearish, or neutral status and renders the results on an on-chart table. Settings allow traders to filter displayed directions, reposition the dashboard panel, and configure status colors. The script uses security calls with lookahead enabled, causing historical values to repaint and introduce lookahead bias.

Details

Published by

dearvn on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Screeners & dashboards, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)
  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Topics

futurestrading-strategiestradingview

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Display All, Short, Long, or DisablestringShortenable_sl
Panel positionstringtopi_tableYpos
i_tableXposstringrighti_tableXpos
Buycolorcolor.new(color.green, 30)i_c_buy
Sellcolorcolor.new(color.red, 10)i_c_sell
Neutralcolorcolor.new(color.gray, 30)i_c_neutral
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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