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HomelessLemon

Customizable MA Ribbon

HomelessLemon  
Trend Analysis Moving Averages Exponential Moving Average (EMA) Weighted Moving Average (WMA) Volume Weighted Moving Average (VWMA) customizable sma rma alma HMA
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trendanalysis movingaverage ema wma vwma customizable sma rma alma hma
All credits to @Violent (www.tradingview.com/u/Violent/) for making the original code! I just updated it by adding new features and themes!

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Lemon's Customizable MA Ribbon:
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A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.

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FEATURES
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  • MA TYPES: SMA , EMA , WMA, RMA, ALMA, VWMA, HMA
  • Editable length
  • Editable start
  • User defined number of plots to show (between 1 to 32 total plots)
  • Multiple color theme choices
  • A color smoothing option.

Thank you and happy trading!

with love,
-Lemon
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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