This is a pretty simple concept that we were asked to put together. It uses 6 Moving Averages, and takes the average of each one, then averages them all together.

If you don't want to use 6, and only 3 for example, then just enter the same length in two of the input fields as pairs.

For 6, you could use 10, 20, 30, 40, 50, 60
For 3, you could use 10, 10, 50, 50, 100, 100

It doesn't ploy 6 MA's, it only plots one - the result of the average of an average of an average, etc..

Publishing open source so other can modify as needed.

ALL indicators, strategies and bots are included with Discord access.
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.


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.

Want to use this script on a chart?