Change of Moving Averages - Table — Indicator by CaptainBrett

momentum movingaverage simplemovingaverage

Change of Moving Averages is a companion table that shows the change of the major moving averages rather than the moving averages themselves in order to more easily interpret momentum.

It can be used for an SMA , EMA , TEMA or VWMA averages with an adjustable source, length and time offset. It uses a daily interval but it can be disabled in settings in order to show the selected interval. The number of days used to calculate the change can be adjusted however this may produce unexpected results if the change is calculated across a peak or trough of the moving average.

More interested in the change of the moving averages over time? Check out "Change in Moving Averages - Chart":

Have modification ideas for this indicator? Just let me know and I will gladly consider them!

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Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact CaptainBrett for more information, or follow the author's instructions below.

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