INVITE-ONLY SCRIPT
Power Moving Average PRO by Nico Muselle
- Did you ever want to apply the Daily Moving Averages to an hourly chart ?
- Are you tired of switching between time frames for seeing where that moving average is on the higher time frame ?
- Do you want to display these moving averages on your current time frame ?
NOW YOU CAN !
In comes the Power Moving Average which offers you the opportunity to :
- Display moving averages of any (higher) time frame you wish
- Select which type of Moving Average you want to display
- Select up to 3 different types, lengths and time frames to display
Power Moving Average offers the following types of averages :
SMA - Simple Moving Average
Read more: Simple Moving Average (SMA) investopedia.com/terms/s/sma.asp
EMA - Exponential Moving Average
Read more: Exponential Moving Average (EMA) investopedia.com/terms/e/ema.asp
WMA - Weighted Moving Average
Read more: Linearly Weighted Moving Average investopedia.com/terms/l/linearlyweightedmovingaverage.asp
VWMA - Volume Weighted Moving Average
Read more : tradingsetupsreview.com/volume-weighted-moving-average-vwma/
RMA
Read more : partners.futuresource.com/workstation/help/charts/studies/rmi.htm
See the configuration options here :
i.imgur.com/WE7wXkW.jpg
[bFAQS/b]
Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change
Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)
Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?
Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (tradingview.com/gopro), second option is to get our Triple Power Moving Average for a one time price. Please PM for more information.
If you like this script, DM me for access ! Also check out my other indicators here : tradingview.com/u/Nico.Muselle/
FYI : A free version with 1 Moving average is available for everyone here :
Thank you !
Check out my FREE indicator scripts:
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
Invite-only script
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 Nico.Muselle for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
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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.