Indicator · Pine Script v5 · On the chart

Welles Wilders MAs - MTF

by eddiebelaval

Calculates four Welles Wilder Moving Averages (RMA) using a user-specified timeframe and plots them directly on the price chart.

View on GitHub

GitHub stars7on the repository
Pine versionv5runs as is
Lines of code43
Settings9inputs
LicenceNone stated
Last update3 months ago24 Jul 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  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

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

The script tracks short, medium, extension, and long trend lines (default periods 34, 72, 89, and 144). Users can configure timeframe selection, period lengths, and line colors, with an option to toggle dynamic coloring based on price location relative to MAs or moving average crossovers.

Details

Published by

eddiebelaval on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Moving averages, Trend

Markets

Any symbol

Timeframes

M15-H1, H4 and above

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.

SettingTypeDefaultVariable
Timeframe for MAstimeframe5i_timeframe
Short Trend MAint34i_short_length
Medium Trend MAint72i_medium_length
Medium Trend Extension MAint89i_medium_length_extension
Long Trend MAint144i_long_length
Color change in ma crosses?boolfalseb_MA_cross_colors
Bullish Colorcolorcolor.limec_bullish_colors
Bearish Colorcolorcolor.redc_bearish_colors
Long Trend Colorcolorcolor.bluec_long_trend_color
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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