Value Moving Average
The Value Moving Average is very simple, it takes 3 moving average values and gives you an average of them.
It is designed to be used with 1 short term, 1 mid term, and 1 long term value.
When given the right values it can act as a very strong signal of trend and help find when price is retracing to "value".
A good signal is when price breaks the Value line and reclaims it for the bulls or bears.
Because of the long term value added into the formula it wont chase price movements very rapidly, so it can act as a good trend indicator when shifting direction or following price during impulses.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact OasisTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
oasistrading.io
Meet the Team.
twitter.com/DejaBrewTrades
tradingview.com/u/gyromatical/
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact OasisTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
oasistrading.io
Meet the Team.
twitter.com/DejaBrewTrades
tradingview.com/u/gyromatical/