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OPEN-SOURCE SCRIPT

3riple Moving Average

By shayankm
Updated
ETHUSD

Description:
Mixing three Simple Moving Averages (7 - 20 - 65) to determine "uptrends" and "downtrends".

Uptrend: When the 7 Line is upper than 20, And 20 Line is upper than 65 that usually means the price is trending up.
Downtrend: When the 7 Line is lower than 20, And 20 Line is lower than 65 that usually means the price is trending down.
Release Notes
Some other types of Moving Averages (SMA,EMA,WMA,RMA) included.
Exponential Moving Average (EMA)rmaSimple Moving Average (SMA)smatrenanalysistrendTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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shayankm

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