OPEN-SOURCE SCRIPT
Updated Double Daily MA
Adds a fast (default 50) and slow (default 200) daily moving average to your chart (no matter the timeframe of your chart). This is useful if you want to do a multiple timeframe analysis on a single chart. For instance, institutional investors according to conventional wisdom behave different when the price is above or below the daily 200 SMA. If you are an intraday trader, this might be good information to have.
Release Notes
Added ability to show relationship to slow MA. If you check both fast and slow MA, then fast wins out and slow is not shown.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.