Moving Average Entanglement

2020년 12월 7일

This script uses the gap in moving averages standardized to the average true range to determine entry and exit points.
The red line represents the current percentage of ATR that is deemed "The Dead Zone" - a move that is too small to be reliable.
The histogram represents the gap between moving averages. When the histogram is above the red line, it confirms a breakout move.
The dashed line an be used as a secondary filter and is a moving average of the histogram.
When Standard Deviation mode is on, a third line is displayed, which represents how many standard Deviations the current histogram bar represents, and can be also used as a filter.

2020년 12월 12일

릴리즈 노트

added option to color histogram based on bullish/bearish Gap of MAs

2020년 12월 24일

릴리즈 노트

Added Alerts

2020년 12월 29일

릴리즈 노트

bug fix for alert conditions to only fire on crossovers

2021년 1월 20일

릴리즈 노트

Added alerts when the histogram changes color (goes bullish from bearish or vice-versa) after two or more previous bars of the opposite color

2021년 1월 20일

릴리즈 노트

added price source as an input parameter

2021년 3월 4일

릴리즈 노트

Added alert conditions for Std Deviation/MA crossovers and crossunders