The MA Envelope indicator calculates upper and lower channel bands shifted by a user-defined percentage around a baseline moving average. It supports Simple Moving Average, Exponential Moving Average, and Weighted Moving Average calculation types. The script p
Indicator · Pine Script v5 · On the chart
TriexDev - SuperBuySellTrend (PLUS+)
This indicator overlays trend-following Supertrend bands on the price chart using Average True Range calculations.
Repaints
GitHub stars145on the repository
Pine versionv5runs as is
Lines of code491
Settings40inputs
LicenceCustom licence
Last update2 years ago14 Dec 2023
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
TriexDev - SuperBuySellTrend (PLUS+) plots trailing stop lines, highlights active trend directions, and prints buy or sell shape labels when price closes across band thresholds. Inputs allow configuring the ATR period, calculation type, and dual multipliers, alongside toggling supplementary EMAs, Bollinger Bands, daily and weekly levels, and volume analysis. Higher-timeframe data references in the script introduce lookahead bias.
- Dual multiplier ATR trend lines
- Buy and sell signal labels
- Trend background highlighting
- Configurable EMA cloud and lines
- Daily and weekly high and low levels
Details
Published by
Triex on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands, Moving averages, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Repository
Topics
buysellsignalpinescriptpinescript-indicatorspinescript-strategiestradingview-pine-scriptstrend-detectiontrend-prediction
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Period | int | 10 | Periods |
| Source | source | hl2 | src |
| ATR Multiplier 1 | float | 0.8 | Multiplier1 |
| ATR Multiplier 2 | float | 1.6 | Multiplier2 |
| Change ATR Calculation Method ? | bool | true | changeATR |
| Show Buy/Sell Signals ? | bool | true | showsignals |
| Highlighter On/Off ? | bool | true | highlighting |
| Toggle Bollinger Bands | bool | false | toggleBBon |
| Up/Down Volume Analysis | bool | false | toggleVolumeOn |
| Pivot | int | -5 | pivot_offset_input |
| MA/HiLo | int | 5 | label_offset_input |
| Override chart symbol? | bool | false | overridesym |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| pvsra_sym | symbol | INDEX:BTCUSD | pvsra_sym |
| Show EMAs? | bool | true | showEmas |
| EMA Labels? | bool | false | labelEmas |
| 50 | color | color.rgb(31, 188, 211, 0) | threeEmaColor |
| 200 | color | color.rgb(255, 255, 255, 0) | fourEmaColor |
| 800 | color | color.rgb(50, 34, 144, 0) | fiveEmaColor |
| EMA Cloud | color | color.rgb(155, 47, 174, 60) | EmaCloudColor |
| Border | color | color.rgb(18, 137, 123, 100) | EmaCloudBorderColor |
| Show Hi/Lo: Daily? | bool | true | showDayHighLow |
| Weekly? | bool | true | showWeekHighLow |
| Show labels? | bool | true | showDayHighLowLabels |
| Show: line ? | bool | true | show_rectangle9 |
| Label? | bool | true | show_label9 |
| Show historical daily opens? | bool | false | showallDly |
| Daily Open Color | color | color.rgb(254, 234, 78, 0) | sess9col |
| Show: Levels? | bool | true | show_psylevels |
| Labels? | bool | true | show_psylabel |
| Psy Hi Color | color | color.new(color.orange, 30) | psycolH |
| Psy Low Color | color | color.new(color.orange, 30) | psycolL |
| Climax Up Color | color | color.lime | CUColor |
| Climax Down Color | color | color.red | CDColor |
| Volume Rising Above Average Up Color | color | color.blue | AUColor |
| Volume Rising Above Average Down Color | color | color.fuchsia | ADColor |
| lengthBB | int | 20 | lengthBB |
| Source | source | close | srcBB |
| StdDev | float | 2.0 | multBB |
| Offset | int | 0 | Offset |
| Use custom timeframe | bool | false | useCustomTimeframeInput |
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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