[RS]Triangular Moving Average Slope Indicator V1

FX:EURUSD60

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 28, 2015 8:58 AM

request for ChartArt: using swma() builtin function, for the function unsmoothed output just set length to 1.

Release Notes

⋅ Jul 28, 2017 7:13 PM

Sugested by BryceWH.
Added a option for displaying multiple timeframe(MTF) values, if the MTF values are are to wide in difference it might shrink the oscillator so the plots can be hidden from the style options manually.

Comments

safaqat_hasanah

⋅ Dec 15, 2023 2:36 AM

Hello, Ricardo. Thank you for your work, so interesting tool. Could you please tell if it repaints/changes bars on the histogram? I keep checking seconds chart, seems nothing changes. But, noticed once that on 3 mins. I green changed to red after chart reload. Thank you!

ChartArt

⋅ Jan 28, 2015 11:11 AM

So this is now a Triangular Moving Average (source) which is smoothed by a Triangular Moving Average (tma) ?

RicardoSantos

⋅ Jan 28, 2015 11:13 AM

yes, cant smooth the source directly as it doesnt have a length setting

ChartArt

⋅ Jan 28, 2015 12:31 PM

ok, the result of this double smoothing is interesting

IvanLabrie

⋅ Jan 28, 2015 1:17 PM

Try 5 and 10 periods, and see if they agree.
Go one to the daily for 4h trading, to filter if long or short.
Small slope is ranging.