Indicator · Pine Script v5 · On the chart

TVT 3X Scale In Out

by namuan

This indicator plots three moving averages on the price chart using lengths of 8, 21 and 50 by default.

View on GitHub

GitHub stars318on the repository
Pine versionv5runs as is
Lines of code27
Settings5inputs
LicenceMIT
Last update2 months ago18 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

27 lines of Pine Script v5 from tv-scripts/tvt-3x-strategy.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

tvt-3x-strategy.pine
//@version=5
indicator(title="[TVT] 3X Scale In Out", shorttitle="TVT-3X", overlay=true, timeframe="", timeframe_gaps=true)

// === INPUTS ===
src = input(close)
use_ema = input(false, title="Use EMA over SMA?")

// Short Moving Averages
ma1   = input(8,title='MA-1')
ma2   = input(21,title='MA-2')
ma3   = input(50,title='MA-3')

blend_color = color.white

ma_series1 = use_ema ? ta.sma(src, ma1) : ta.ema(src, ma1)
ma_series2 = use_ema ? ta.sma(src, ma2) : ta.ema(src, ma2)
ma_series3 = use_ema ? ta.sma(src, ma3) : ta.ema(src, ma3)

//plot moving averages
p_ma1 = plot(ma_series1,title='MA-1',color=color.blue, linewidth=1)
p_ma2 = plot(ma_series2,title='MA-2',color=color.maroon, linewidth=1)
p_ma3 = plot(ma_series3,title='MA-3',color=color.red, linewidth=2)

up_color = color.lime
down_color = color.maroon

fill(p_ma1, p_ma2, color=ma_series1 > ma_series2 ? color.new(color.lime, 70) : color.new(color.maroon, 70))

Overview

TVT 3X Scale In Out colors the first average blue, the second maroon and the third red. A translucent fill between the first and second averages turns lime when the first is above the second and maroon when it is below. The source and lengths are adjustable. The EMA toggle is inverted in the code, so enabling it plots simple averages and leaving it off plots exponential averages. No scale-in, scale-out, entry or exit rules appear in the script.

Details

Published by

namuan on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Moving averages

Markets

Stocks

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.

Topics

trading-strategiesmarket-analysisdtalestock-market-analysistelegram-botearnings-calendaroptions-trading

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
srcsourceclosesrc
Use EMA over SMA?boolfalseuse_ema
MA-1int8ma1
MA-2int21ma2
MA-3int50ma3
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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