PROTECTED SOURCE SCRIPT
[MAD] Moving Average Ribbons
This is a Ribbon builder tool that allows customization and display of multiple moving averages (MAs) on a chart.
The available MAs include simple, exponential, linear, weighted and many more.
You can set a range for the length of each MA and adjust the multiplicator of the range for the second MA.
A mixer for combining the two MAs is also available, and you can specify a range for the mixing.
Choose the number of Ribbons to display and toggle dynamic coloring on or off.
Enable single plots and one average plot as needed.
If more than 20 LMA's are calculated, especially when using bigger lengths, a timeout error may occur as the maximum runtime is limited to 20s/40s.
have fun
The available MAs include simple, exponential, linear, weighted and many more.
You can set a range for the length of each MA and adjust the multiplicator of the range for the second MA.
A mixer for combining the two MAs is also available, and you can specify a range for the mixing.
Choose the number of Ribbons to display and toggle dynamic coloring on or off.
Enable single plots and one average plot as needed.
If more than 20 LMA's are calculated, especially when using bigger lengths, a timeout error may occur as the maximum runtime is limited to 20s/40s.
have fun
djmad|Bitblockart
Disclaimer
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.