This overlay indicator plots a Supertrend from an ATR length and factor, four exponential moving averages, and a selectable VWAP or TWAP taken from a chosen timeframe on the price chart. It also shows MACD and stochastic with adjustable lengths, smoothing, ver
Indicator · Pine Script v5 · On the chart
TMA Centered Bands Indicator X ATR X Sto
This overlay indicator plots a centered triangular moving average and upper and lower bands derived from average true range.
Repaints
GitHub stars16on the repository
Pine versionv5runs as is
Lines of code249
Settings28inputs
LicenceNone stated
Last update2 years ago31 Aug 2024
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
TMA Centered Bands Indicator X ATR X Sto supports selectable price sources, band width, and a caution threshold based on the TMA angle. Optional labels and alerts mark band crosses, returns toward the center, and rebound arrows. Separate stochastic and smoothing inputs are included, and high, low, and ATR price lines can be shown on the chart. Because the average is centered, recent values can change until later bars arrive.
- Centered triangular moving average
- ATR-multiplied upper and lower bands
- TMA angle caution label
- Band cross and rebound alerts
- Optional high, low, and ATR price lines
Details
Published by
msongkiet on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Volatility & bands, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Centered TMA half period | int | 12 | HalfLength |
| Price to use | string | Weighted | PriceType |
| Average true range period | int | 100 | AtrPeriod |
| Average true range multiplier | float | 2 | AtrMultiplier |
| Centered TMA angle caution | int | 4 | TMAangle |
| Bear | color | color.new(color.red, 0) | colorDOWN |
| Bull | color | color.new(color.green, 0) | colorUP |
| Bands | color | color.new(#b2b5be, 0) | colorBands |
| Caution label | bool | true | cautionInput |
| Crossing up | bool | false | crossUpInput |
| Crossing down | bool | false | crossDownInput |
| Coming back | bool | false | comingBackInput |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| On arrow down | bool | false | onArrowDownInput |
| On arrow up | bool | false | onArrowUpInput |
| %K Length | int | 10 | lengthK |
| %D Length | int | 3 | lengthD |
| EMA Length | int | 3 | lengthEMA |
| Length | int | 14 | length |
| Smoothing | string | RMA | smoothing |
| Multiplier | float | 1.5 | m |
| src1 | source | high | src1 |
| src2 | source | low | src2 |
| Show Price Lines | bool | true | pline |
| ATR Text Color | color | color.blue | col1 |
| Low Text Color | color | color.teal | col2 |
| High Text Color | color | color.red | col3 |
| Low Line Color | color | color.rgb(0, 137, 123, 20) | collong |
| High Line Color | color | color.rgb(255, 82, 82, 20) | colshort |
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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