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
Symmetric Price - Invertible System
Symmetric Price - Invertible System calculates geometric trend baselines, symmetric moving averages, and Fibonacci wave oscillations overlaid directly on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code225
Settings18inputs
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
Users select two anchor points with custom timestamps and prices to define a central slope and midpoint. The script derives an automated or manual moving average, symmetric mirrored curves, and optional sinusoidal Fibonacci waves. Settings allow dynamic moving average length adjustments, golden ratio midpoint scaling, and vertical inversion around the anchor cross level. It requires manual selection of two chart coordinates.
- Two-point slope and midpoint geometry
- Symmetric moving average mirroring
- Fibonacci sinusoidal wave oscillation
- Invertible system baseline around cross levels
- Dynamic pre- and post-midpoint length calculation
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, 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 |
|---|---|---|---|
| Source | source | close | src |
| Use Golden Ratio | bool | false | useGoldenRatio |
| Golden Ratio Value | float | 1.618 | phi |
| Point 1 | time | 0 | t1 |
| p1 | price | 0 | p1 |
| Point 2 | time | 0 | t2 |
| p2 | price | 0 | p2 |
| Use Manual MA Length | bool | false | use_manual_ma |
| Manual MA Length | int | 20 | manual_ma_len |
| Use Dynamic MA Length (Pre-Mid) | bool | false | use_dynamic_ma_pre |
| Use Dynamic MA Length (Post-Mid) | bool | false | use_dynamic_ma_post |
| Base Dynamic MA Length | int | 20 | base_dyn_ma_len |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Apply Fibo Wave to MAs | bool | false | apply_fibo_wave |
| Apply Fibo Wave to Yellow Levels | bool | false | apply_wave_yellow |
| Reset Wave After 5 Cycles | bool | true | reset_wave |
| Show Symmetric Prices to Yellow Levels | bool | true | show_sym_prices |
| Show Symmetric Prices to p1 & p2 | bool | true | show_sym_prices_p1p2 |
| Invert Entire System | bool | false | invert_system |
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.
Similar Pine Scripts
This indicator calculates pivot high and pivot low points on the price chart based on configurable left and right bar counts. Confirmed pivot highs and lows are plotted with negative bar offsets directly on the price chart using line and cross styles. Addition
This overlay indicator marks call and put setups from EMAs, RSI, MACD, and a SPY volume ratio. A call needs higher highs, RSI above its minimum, rising MACD, above-average proxy volume, and a rising trend EMA; a put reverses those tests. Early markers use an E
This indicator displays moving average deduction reference points directly on the price chart. It plots dynamic labels on historical bars corresponding to short, medium, and long lookback periods, defaulted to 20, 60, and 120 bars. Each text label displays the
This indicator plots Ichimoku Cloud elements on the price chart, including Tenkan-sen, Kijun-sen, Senkou Span A and B lines with optional Chikou Span. It signals trend changes via Tenkan-sen and Kijun-sen crosses and places arrows at Kijun-sen direction shifts
The Midnight VWAP indicator calculates and overlays two distinct Volume Weighted Average Price (VWAP) lines on the price chart based on customizable session timeframes. It tracks an overnight or pre-market session alongside regular trading hours, resetting cal
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers