GoldBands

Multiple Moving Average Colors

GoldBands Updated   
7 Moving averages in 1 indicator, including the Hull Moving Average.

Release Notes:
There are now signals on the top of the chart that show

7 MAs all up - Green and a triangle
7 MAs all down - red and a triangle
4-6 up - dark green and a square
4-6 down - maroon and a square

These signals can be adjusted in the indicator's settings page.

Enjoy! :-)
Release Notes:
Changed the algorithm for printing signals:

1. 6 or 7 MAs moving in the same direction will now print an up or down triangle.

2. If more MAs are up, print a dark green cross. If more MAs are down, print a maroon cross.

Remember you can turn the signals on or off, change the colors or locations, and change the symbols on the indicator parameter settings.


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it 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.

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