Moving Average Waves — Indicator by LucasVivien

This indicator displays up to 20 fully editable moving averages.
Go to MA Waves settings and play around to get your favorite visual display, there are plenty of combinations to chose from.
Depending on time frame and tuning, it can be used as a trend/momentum & volatility indicator or to identify supports/resistances.
Longer moving averages represent a stronger "area of value" and the price loves it.
I made this one mostly because it looked cool, if you get ideas to make better use of it let me know.

Hope you enjoy!

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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