What this template contains
The output calls one TradingView built-in calculation, plots its value and optionally colors the background. It uses Pine Script v6 and runs as an indicator. There are no strategy orders, backtest results or alert definitions in the output.
The period accepts whole numbers from 1 to 5000. All calculations except ATR use the selected price source. ATR uses the chart's high, low and previous close through TradingView's built-in function. The input settings remain editable in TradingView.
Choose the output that matches your question
- SMA, EMA, WMA, VWMA, RMA and HMA smooth a source series and appear over price.
- RSI measures relative upward and downward changes and uses its own pane.
- Standard deviation measures dispersion around the source's mean. This template uses the built-in function's default biased estimate.
- ATR measures the smoothed true range. ATR and standard deviation use separate panes here because they measure magnitude, not a price level.
Check values before using a signal
- Compile the output in the Pine Editor, then add a fresh instance to a chart.
- Use the same symbol, timeframe, source and period when comparing with a built-in indicator. Data gaps and limited history can affect the available values.
- For VWMA, inspect whether the feed provides usable volume. A plotted value is not proof that volume represents the whole market.
- Observe the open bar as well as closed bars. Current source values and background colors can change before the bar closes.
An above-level condition remains highlighted for every bar above that level. It does not detect the first crossing. Changing a plot's style or color changes its display, not its calculation. This tool does not measure profitability or choose parameters for a market.
Frequently Asked Questions
Which indicators can this tool generate?
Choose SMA, EMA, WMA, VWMA, RMA, HMA, RSI, standard deviation or ATR. Each output contains one calculation and one plot. MACD, Bollinger Bands and multi-indicator combinations are not included in this tool.
Is this an AI generator, and does it require an account?
This free form assembles a fixed template in your browser without a Pineify account or an AI request. It does not analyze your chart or invent entry and exit rules.
What does background highlighting mean?
The background is colored on each bar where the indicator is strictly above or below the threshold. Equality is not highlighted. This is a level comparison, not a crossover event, an alert or an order. The value can change while the current bar is open.
Why do some indicators appear in a separate pane?
Moving averages overlay the price chart. RSI, ATR and standard deviation use a separate pane so their values do not distort the price scale. Add a new script instance if changing the indicator type does not update its pane.
How should I check the generated script?
Paste it into a new indicator in the Pine Editor, compile it and add it to a chart. Compare the plotted values with the matching built-in indicator using the same inputs. Allow enough history for initialization. VWMA needs usable volume data. Compilation alone does not establish trading performance.