12/21 x 50-100-200 MA - [RZ]

Oct 4

👁️ - 12/21 x 50-100-200 MA
A comprehensive moving average overlay indicator designed to identify trend direction and key support/resistance levels using a dual fast/slow MA crossover system combined with three major moving averages.

⛓️ - FEATURES

• Dual MA Crossover System: Configurable short (default 12) and long (default 21) period moving averages that change color based on trend direction
  
• Triple Major MAs: 50, 100, and 200 period moving averages displayed in blue, yellow, and red respectively for identifying key market structure levels
  
• Multiple MA Types: Choose from SMA, EMA, DEMA, TEMA, LSMA, WMA, or HMA for all calculations
  
• Customizable Source: Apply the indicator to any price source (close, open, high, low)
  
• Optional Bar Coloring: Visualize trend direction directly on price bars
  
• Built-in Alerts: Automated alerts for trend reversals (Trend Up/Trend Down)
  

🎮 - HOW TO USE

• Bullish Signal: When the short MA crosses above the long MA, both MAs turn green
  
• Bearish Signal: When the short MA crosses below the long MA, both MAs turn red
  
• The 50/100/200 MAs serve as dynamic support/resistance levels and help confirm overall market trend
  
• Use bar coloring for quick visual identification of current trend state
  

🧰 - OPTIONS

• Adjustable lengths for all moving averages
  
• Color customization for bullish/bearish trends
  
• Toggle bar coloring on/off
  
• Select preferred MA calculation method
  

⚠️ - DISCLAIMER

• This indicator is provided for educational and informational purposes only and should not be considered financial advice.
  
• Trading and investing in financial markets involves substantial risk of loss and is not suitable for every investor.
  
• Past performance is not indicative of future results.
  
• The signals and information generated by this indicator do not guarantee profits and may result in losses.
  
• Users should conduct their own research and due diligence, and consult with a qualified financial advisor before making any investment decisions.
  
• The creator of this indicator assumes no responsibility for any financial losses incurred through the use of this tool.
  
• By using this indicator, you acknowledge that you are solely responsible for your trading decisions and their outcomes.
  

👑 - CREDITS
profmichaelg for Michael's EMA indicator

Nov 30

Release Notes

(fix): 12/21 ema crossover function and related alert.