One stop shop for multiple MA duplicates over different resolutions.
A veritable banquet of MA's to choose from.
Set up you MA variables, and then plot up to 4 duplicates all using different time frames.
Designed for quick and clear visual analysis of market direction, aiming to high-light areas suitable for entry/exit
Channel width's are based on the average high and low difference over X period, and as such can help determine reasonable target price and stop distances.
There is no specific strategy to use with this indicator, it is only intended to...
This type of moving average was originally developed by Bruno Pio in 2010. I just ported the original code from MetaTrader 5. The method uses a linear combination of EMA cascades to achieve better smoothness. Well, actually you can create your own X-uple EMA, but be sure that the combination' coefficients are valid.
@glaz for jumping on the "on price" suggestion and throwing the code at me - which spurred me to add shapes in too, because why not eh?
Multitude of MA choices.
MA's can both be set to different resolutions.
Crossover/Crossunder, drawn at an averaged position.
On-MA cross marker now only drawn at averaged...
This type of moving average was originally developed by Dennis McNicholl (Futures Magazine, (October, 1998): "Better Bollinger Bands"). A kind of TEMA. He used it as a centerline of the new bands, called Better Bollinger Bands or DEnvelope. The Better Bollinger Bands is a modification of the well-known Bollinger Bands that has a better response for changes in volatility.
Designed for shorted time frames.
Bollinger bands based off of TEMA as source.
Ribbon based off TEMA and hullMA divergence.
RMA used to signal Bollinger bands.
pinch -> reversal
blue -> sign of possible uptrend
red -> sign of possible downtrend
Bollinger bands background:
blue -> sign of continuing uptrend
red -> sign of continuing downtrend
A veritable banquet of MA basis calculations to choose from.
3 separate sets of bands to tinker with.
Optional toggle-able time resolution.
Optional breakout shapes with their own separate multiplier.
A fart, some love and kisses. ...and I may have dribbled a bit. Sorry.
Go on. Have a tinker. You know you want to.
This is the script for the idea published by @ChrisMoody
Below is the link to the idea
Try the scripts for longer periods (e.g. 1 D).
The script still requires some tweaks as one of the issue is that the shorts and puts are being placed 2 candles after a...