An EMA Rainbow utilizing the range of a bar and adding back in the equation of the close-open. (close-open) yields either a positive or negative integer. So, it includes the weight of which way a price bar was printed; bullish or bearish. You will be able to judge the gravity of a markets trend, especially when approaching support/resistance zones. A choppy...
The weights of this moving average are powers of the weights of the standard weighted moving average WMA . Remember: When parameter Power = 0, you will get SMA . When parameter Power = 1, you will get WMA . Good luck!
5 Simple Moving Averages (13 Green, 34 Yellow, 50 Orange, 100 Purple, 200 Red)
ProfitTrailer Example TradingView Signal This script provides an example of a TradingView Signal for use with ProfitTrailer's new SIGNALS functionality and it's new TradingView integration capability. This signals script implements a simple Moving Average Cross strategy that works on any chart timeframe. It allows you to pick the Price source i.e. Open, Close...
This moving average, in contrast to the standard, shows a slowdown of the current trend - it draws additional zones of yellow color. These zones show a possible trend reversal by 1-2 bars earlier than the standard Hull moving average. Additionally, there are arrows to enter a position and the second is the same MA for another timeframe, which can be selected in...
Uses more reactive 21 day EMA in comparison to 10 day SMA. Crosses indicated buy and sell indicators.
Allows the ability to change the input length of EMAs and MAs.
small change to my horizontal 200 week SMA script. Plots the latest 200 week SMA value from Bitstamp BTCUSD on the chart. I use it for the Bitmex chart, as Bitmex doesn't have enough history for a 200 week moving average.
3 SMA set to 5 10 20 used to find the crossing points for pattern reversals or breakouts.
An example script describing the basic template needed to add customization to a TV indicator script using the input variable.
Low latency trendline is a better and faster indicator than MAs. It lowes high frequency wave(noise) and echoes low frequency wave(main move trend). You can find out trend faster and have more confidence to dicide than MA indicators. Take your own risk to use this Indicator. PS: I found RMTA() to help coding. Tradingview has a good recursive function method....