This indicator shows 3 sets of MA(Moving Average) and perfect order alert.
What is Perfect Order? Perfect order means that multiple MA(s) are in ascending order from short term MA to long term MA in upward trend and in descending order from long term MA to short term MA.
e.g. Let’s say you set 3 MA like; MA1(short term): 5MA MA2(mid term): 20MA MA3(long term): 50MA and if these MA are in ascending order from 5MA to 50M in upward trend, this is perfect order. Likewise if 3MA get in descending order from 50MA to 5MA in downward trend, this is perfect order.
What does Perfect Order mean in trading? Perfect order means that markets move with strong trend and good opportunities to trade following trends.
Specifications -You can set 3 MA on this indicator, however, have to set periods of MA according to the label of each MA: short term, mid term and long term or the indicators cannot judge perfect order. -Each MA can select SMA or EMA. -If 3MA become perfect order(PO), then signal will be shown on the chart with green triangle for ascending perfect order which suggests potential buying opportunity and red triangle for descending perfect order which suggests potential selling opportunity. -You can control display of the signal ticking/unticking the checkbox at parameter.
Added alert notifications with the conditions below; -Ascending perfect order -Descending perfect order You can set these alerts same as built-in alerts.
Added background color when Perfect Order occurs. Hope it helps you easily tell when PO occurs. パーフェクトオーダー発生時に背景色を付ける機能を追加しました。
Release Notes
Bug fixed for MA type selection. MAタイプ(sma/ema)の選択のバグを修正。
Release Notes
Organized inputs screen, using new parameter "group".
Pine scriptの新しいコマンド"Group"を使用してパラメータ設定画面のデザインを更新しました
Release Notes
Added MA type; SMMA(aka RMA/MMA), WMA, VWMA
MAタイプにSMMA(またはRMA/MMA), WMA, VWMAを追加
Release Notes
Bug fixed for PO background coloring. Before: Background color of ascending PO and descending PO was overlapped when both options ticked. After: Removed the duplication.
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.