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
Each line is independently set as an SMA or EMA, with default lengths of 11, 22, 50, 100, 200 and 360. It draws colored plots and optional labels that name each length and type. When enabled, it highlights crosses between the shortest and short averages and can show linear projections a chosen number of bars ahead. It does not generate trade entries, exits, or stops.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Shortest:
int
11
firstMa
Type:
string
EMA
firstType
Short:
int
22
secondMa
Type:
string
EMA
secondType
Middle:
int
50
thirdMa
Type:
string
EMA
thirdType
Long:
int
100
forthMa
Type:
string
SMA
forthType
Verylong:
int
200
fifthsMa
Type:
string
SMA
fifthsType
Longest:
int
360
sixthMa
Type:
string
SMA
sixthsType
Show all 16 settings
Setting
Type
Default
Variable
MA Projection
int
20
projectionBars
Show Labels
bool
true
showLabels
Highlight Intersections (shortest vs short)
bool
true
showIntersections
Show Linear Projections
bool
false
showProjection
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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