PROTECTED SOURCE SCRIPT
Multi 5MA/5EMA with adjustable crossover - by Southnjes
Updated
Hi guys and gals. This is the newer version that I have modified and revamped from the original code by NigglesSquiggles. (ok'd by the man himself). :)
Great for free members as you get all the MA's and EMA's you need on one indicator slot leaving 2 more slots for other desired indicators.
This indicator will give you 5 MA's along with 5 EMA's. Two of the MA's will allow you to change the input to the moving averages you want. Then it will give you a crossover bar on the chart for easy viewing of a cross up or a cross down using a fast MA and slow MA. You have the option to use exponential values with a single click and also have the option to have your preset candle confirmation however many candles after the crossings that you would like (original code).
Hope it helps and you find it useful.
Great for free members as you get all the MA's and EMA's you need on one indicator slot leaving 2 more slots for other desired indicators.
This indicator will give you 5 MA's along with 5 EMA's. Two of the MA's will allow you to change the input to the moving averages you want. Then it will give you a crossover bar on the chart for easy viewing of a cross up or a cross down using a fast MA and slow MA. You have the option to use exponential values with a single click and also have the option to have your preset candle confirmation however many candles after the crossings that you would like (original code).
Hope it helps and you find it useful.
Release Notes
Added RSI and MACD divergence indications which show up on the chart.Release Notes
.Release Notes
.Release Notes
Added Bollinger bands and 4 x candlestick signals for Bearish/Bullish engulfing and Hammer/Inverted Hammer "on chart" indicators. Release Notes
Added two more impt candle signals. Morning Star and Evening Star. Per Bulkowski's site, you may not see and evening star for a very long time but with a rank of #4, they are impt when they turn up.
The Evening Star is ranked #4 out of his 103 candle patterns. They are bearish reversal 72% of the time.
The Morning Star is ranked # 12 out of his 103 candle patterns. They are a bullish reversal 78% of the time.
Also Added the 26 EMA as I have been using that lately. (Daniel 4k/Chart Champions fav).
As always, easy to turn things off you do not need.
Hope it helps.
Release Notes
Added new divergence signal for Stochastic RSI. Enjoy
Release Notes
Corrected spelling errors.Protected script
This script is published closed-source and you may privately use it freely.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.