Moving averages come in all shapes and types. The most basic type is the simple moving average which is simply the sum divided by the quantity. Therefore, the simple moving average is the sum of the values divided by their number. In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case...
Moving Averages are probably the most commonly used analysis tools, and MACD is possibly the first charting indicator a trader gets to learn about. MACD Basic concept ---------------------------- Without repeating all the tons of documentation about what MACD does, let's quickly re-visit the MACD concept from a 10-mile altitude (note we're keen on simplifying...
This simple script creates a moving average system weighted by volatility. The moving averages are less sensitive to price action than the typical moving averages we use, and their crossovers can be used to identify extended trends. I've colored the background depending on trend. Ideally in the future, I'll draw long or short signals on-chart depending on the...
With this indicator, we have taken moving averages at Fibonacci lengths (3 to 233) as well as the average of these values, labeled the DFMA. Additionally, these values have been inputted into a table overlay. The cross of the FibMA(233) and the DFMA can be used as a signal for long or short. The FibMA lengths of 3 and 233 are plotted in white by default, the...
This strategy utilizes two pairs of different Moving Averages, two Volume-Weighted Moving Averages (VWMA) and two Simple Moving Averages (SMA). There is a FAST and SLOW version of each VWMA and SMA. The concept behind this strategy is that volume is not taken into account when calculating a Simple Moving Average. Simple Moving Averages are often used to...
WELCOME to the Munich Guppy! This is a simple moving average indicator that will help you determine the trend of your chart using historical moving averages. The indicator consists of 3 EMA's and one ALMA moving average. Using these 4 moving averages I have programmed the relationship between the moving averages to color the background of your chart. If your...
This script lets you pick 20 symbols to check for ma crosses. The way it works is it scans all 20 of your symbols for moving average crosses and then it sends an both a regular alert and a visual alert inside of the indicator. I found that ma cross strategies are very popular right now so I thought it would be nice to have one indicator instead of 20 discord...
This indicator uses a custom MA as well as RSI bar-flips, as a form of pivot point, to signal the direction of the trend. The triangle markers on the chart are the RSI flipping from negative to positive, and vice versa. The lighter shaded candles are up candles, the darker shaded candles are down candles.
Have you ever wanted to create your OWN strategy, but don't have coding experience? Well now you can. With simple settings, but millions of potential strategies and combinations, this indicator / strategy lets YOU make ALL the rules. Start by choosing up to 4 moving averages from all the various types - Simple, Exponential, Hull, Volume-Weighted, etc. Choose the...
The Exponential Moving Average is the most commonly used indicator in every market. but no one can predict which pair of exponential moving average crossing will work best together. Every instrument require different EMAs crossing. It can be 2 EMA crossings or 3 EMA crossings. Dynamically Adjusting EMA crossing tries to solve this issue. Algorithm finds the...
This script features a combination of trend indicators. Upon backtesting various indicators and how price action reacts to past signals, I discovered that using a combination of conditions would allow for a simple, easy-to-use, yet (in my opinion) accurate representation of current market sentiment. I typically use this on the 5/15 minute charts as I reference...
Hello Guys! Nice to meet you all! This is my second script! This Logic is trend following logic, This detects long & short trends by comparing the value of MAs. This fits to the longer time frame. ### Long Condition 1. Compare 4 MAs (you can chose MA Type) - Shortest MA (MA 1) - Shorter MA (MA 2) - Normal MA (MA 3) - Longer MA (MA 4) 2. If MA 1 > MA 2 > MA 3 > MA...
This strategy utilises 3 different conditions that have to be met to buy and 1 condition to sell. This strategy works best on the ETH/USDT pair on the 4-hour timescale. In order for the strategy to enter the trade, it must meet all of the conditions listed below: ENTRY RSI increases by 5 RSI is lower than 70 MA9 crosses above MA50 To exit a trade, the below...
This indicator helps traders to identify up-/down trends and see early warning signs when a stock or an index changes its current trend. With a fast and a slow moving average the trader can define a moving average combo that starts an uptrend when the fast moving average line moves above the slow moving average line and ends its uptrend, when the fast moving...
It is a simple indicator that provides buy or sell signals based on the intersection of two EMAs and a simple moving average (SMA). once the Relative Strength Index has confirmed it. For greater accuracy, add additional indicators like stochastic RSI, MACD, etc. Use only for intraday trading, Not for Positional Trading
Eng: The indicator highlights the overbought and oversold RSI levels on the bars. Also draws two moving averages: sma or ema. The RSI levels, the type of moving averages and their period are set by the user. Rus: Индикатор подсвечивает на барах уровни перекупленности и перепроданности по RSI, а так же рисует две скользящие средние на выбор: sma или ema. Уровни...
This is a simple moving average based strategy that takes 2 moving averages, a Fast and a Slow one, plots them both, and then decides to enter a 'long' position or exit it based on whether the two lines have crossed each other. It goes 'long when the Fast Moving Average crosses above the Slow Moving Average. This could indicate upwards momentum in prices in the...
This indicator returns a moving average converging toward the price the more a trend makes new higher-highs or lower-lows depending on the detected trend. Settings Length: Controls the initial moving average smoothing factor ( 2 / (Length + 1) ), as well as the period of rolling maximums/minimums. Increment: Smoothing factor increment ( 2 / (Increment+ 1)...