INVITE-ONLY SCRIPT

Value Moving Average

By OasisTrading
This indicator is free to all Oasis Trading Group members.

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.
BTCUSDMoving AveragesoasistradingpullbackindicatorSPDR S&P 500 ETF (SPY) trendtrendreversals
OasisTrading

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact OasisTrading for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer