OPEN-SOURCE SCRIPT
FALSE BREAKOUT NO PROBLEM !! CHK TWIN MOV AVG SEGREGATED RIBBON

[] PROBLEM DEFINITION 1 : To Avoid False Breakouts
[] PROBLEM DEFINITION 2 : To Ascertain if the trend has changed when a Stock opens with a Gap up or Gap Down
## PROBABLE SOLUTION : Use a Moving Average with lot of latency
## PROBLEM WITH ABOVE SOLUTION : Misses on lot of trades, Late exits leads to drain on winning trades
[][] S O L U T I O N [][]
An Indicator which plots two different types of Moving Averages at the same time
For the MA length 5-100 a fast plot of choice
For the MA Length 110-200 a plot with a lag to ascertain the trend
And then ONE LAST MAN STANDING with even bigger MA length for a lagging indicator to save the day
This indicator gives one 9X9 = 81 Permutation Combinations to look at the markets
One can devise strategies basis if one particular MA Type has crossed another MA Type
Feel free to post the strategies you have come out with!
//// CREDITS AND ACKNOWLEDGEMENTS //////////////////////////////////////////////////////////////////
Following contributors helped the author ::
[] Credits to Neobutane for his Multiple Type Mov. Avg. Guppy at ......
https://hxxps://www.tradingview.c0m/script/UQAv1U0c-MA-Study-Different-Types-and-More-NeoButane/
[] Credits to Jose5770 for sharing Jurik MA code at .....
https://hxxps://www.tradingview.c0m/script/uqYvkHna-Trend-Direction-Force-Index/
Appreciate and Thank You for sharing your work.
//////////////////////////////////////////////////////////////////////////////////////////////////////
P.S You might notice in the code that the few plots are skipped. It is done to fasten the indicator without compromising
on the functionality

[] PROBLEM DEFINITION 2 : To Ascertain if the trend has changed when a Stock opens with a Gap up or Gap Down
## PROBABLE SOLUTION : Use a Moving Average with lot of latency
## PROBLEM WITH ABOVE SOLUTION : Misses on lot of trades, Late exits leads to drain on winning trades
[][] S O L U T I O N [][]
An Indicator which plots two different types of Moving Averages at the same time
For the MA length 5-100 a fast plot of choice
For the MA Length 110-200 a plot with a lag to ascertain the trend
And then ONE LAST MAN STANDING with even bigger MA length for a lagging indicator to save the day
This indicator gives one 9X9 = 81 Permutation Combinations to look at the markets
One can devise strategies basis if one particular MA Type has crossed another MA Type
Feel free to post the strategies you have come out with!
//// CREDITS AND ACKNOWLEDGEMENTS //////////////////////////////////////////////////////////////////
Following contributors helped the author ::
[] Credits to Neobutane for his Multiple Type Mov. Avg. Guppy at ......
https://hxxps://www.tradingview.c0m/script/UQAv1U0c-MA-Study-Different-Types-and-More-NeoButane/
[] Credits to Jose5770 for sharing Jurik MA code at .....
https://hxxps://www.tradingview.c0m/script/uqYvkHna-Trend-Direction-Force-Index/
Appreciate and Thank You for sharing your work.
//////////////////////////////////////////////////////////////////////////////////////////////////////
P.S You might notice in the code that the few plots are skipped. It is done to fasten the indicator without compromising
on the functionality
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.