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stvch
8 jun 2020 22:14

Big Picture 50/200 

Automatic Data Processing, Inc.NASDAQ

Beskrivning

Crazy as this may sound, it took 126 iterations to get something so simple sone right.

Big Picture helps offload some longer-term SMA lines off your chart so you can clutter it up again with some other stuff. It works by comparing SMAs 50 and 200 in histogram form. If the histogram is over the zero-line, 50 is over 200, and vice versa.

The histogram is green when the slope rises, suggesting that 50 is rising relative to 200. When the histogram turns red, 50 is falling.

Some Heikin-Ashi inspired averaging helps smooth the line just a little to help give a better idea as to overall trend.
Kommentarer
Wartrade
thanks mate...awesome.... maybe u can make similliar indikator with ma 20 vs 50 or 50 vs 100 etc
beyondearth47096
Great for gauging the longer term trend using SMA. On point with golden/death crosses across all time frames.
Mer