OPEN-SOURCE SCRIPT
Trade Archer - Moving Averages - v1.4F
Trade Archer Moving Averages has been updated!
Description:
Moving averages are one of the cornerstones to technical analysts tool box. There are several different kinds of moving averages of which the most common can be selected. Up to four moving averages may be configured and displayed with the option to show clouds between them. Additionally I have added a trend identification system that analyzes the slopes of the moving averages instead of relying on moving average cross overs for long/short signals.
Features:
- Multiple Moving Average Choices including: SMA, EMA, DEMA, TEMA, RMA, HMA, WMA, and VWMA.
- Four fully customizable MAs including length, color, and/or optional clouds between the MAs.
- Three ways to display MA trends: bar color, background and/or colored shapes.
Notes:
The default settings for the MA lengths are: 9, 19, 50, 200. MAs default to EMAs if none are selected.
If you use a blend of MAs, like SMA and EMA, you can apply the indicator again to the same chart and enable/disable the ones you want visible, their type, and trend display.
If you have any questions or need help configuring, feel free to contact me.
Good luck
Trade Archer
tradearchergmail.com
tradearcher.com
tradearcher
Description:
Moving averages are one of the cornerstones to technical analysts tool box. There are several different kinds of moving averages of which the most common can be selected. Up to four moving averages may be configured and displayed with the option to show clouds between them. Additionally I have added a trend identification system that analyzes the slopes of the moving averages instead of relying on moving average cross overs for long/short signals.
Features:
- Multiple Moving Average Choices including: SMA, EMA, DEMA, TEMA, RMA, HMA, WMA, and VWMA.
- Four fully customizable MAs including length, color, and/or optional clouds between the MAs.
- Three ways to display MA trends: bar color, background and/or colored shapes.
Notes:
The default settings for the MA lengths are: 9, 19, 50, 200. MAs default to EMAs if none are selected.
If you use a blend of MAs, like SMA and EMA, you can apply the indicator again to the same chart and enable/disable the ones you want visible, their type, and trend display.
If you have any questions or need help configuring, feel free to contact me.
Good luck
Trade Archer
tradearchergmail.com
tradearcher.com
tradearcher
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 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.