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 v6 · On the chart
Support & Resistance Template
This indicator detects horizontal support and resistance zones directly on the price chart using pivot highs and lows.
GitHub stars218on the repository
Pine versionv6current
Lines of code169
Settings11inputs
LicenceNone stated
Last update3 months ago23 Jul 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
Support & Resistance Template clusters nearby pivot points within a customizable percentage width to track repeated price touches and recalculates the average level price accordingly. Levels exceeding the display limit are pruned by keeping those with the most touches. Visual options include extendable horizontal lines, shaded boundary zones, and touch counts. Detection is subject to standard pivot confirmation lag.
- Pivot-based support and resistance clustering
- Dynamic touch-count tracking for level strength
- Configurable percentage-width zone boxes
- Automatic pruning of weaker price levels
Details
Published by
TradersPost on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance
Markets
Any symbol
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 |
|---|---|---|---|
| Pivot Length | int | 10 | pivotLength |
| Minimum Touches | int | 2 | strengthThreshold |
| Zone Width (%) | float | 0.5 | priceZone |
| Max Levels to Show | int | 5 | maxLevels |
| Extend Lines Right | bool | true | extendLines |
| Show Zones | bool | true | showZones |
| Show Labels | bool | true | showLabels |
| Support Color | color | color.green | supportColor |
| Resistance Color | color | color.red | resistanceColor |
| Line Width | int | 2 | lineWidth |
| Zone Transparency | int | 90 | zoneTransparency |
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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