Multiple Moving Average ToolkitFeatures Overview:
Multiple Moving Averages: The script allows you to plot up to five different Moving Averages (MAs) on your chart at the same time. You can choose the type of MA (EMA, SMA, HMA, WMA, DEMA, VWMA, VWAP) and the length of each one.
Color Ribbon: You can turn the MAs into a color ribbon by selecting the "Turn into Color Ribbon?" option. This will make the area between the MAs colored and can help you identify trends more easily.
MA Value Table: You can draw a table on your chart that displays the current values of each MA, whether the trend is bullish or bearish along with the length of the MAs. The current ATR value is also shown in the last cell of the table. You can choose the location of the table (Top Left, Top Right, Bottom Left, Bottom Right) and the transparency of the background color.
Crosses: The script can detect when two MAs cross over each other (1st MA crosses 5th MA and vice versa), indicating a potential trend reversal. It will plot crosses on the chart at the point of the crossover and give an alert if the "Bullish Cross Detected" or "Bearish Cross Detected" condition is met.
How to use:
Once the script is added to your chart, you can customize the settings to fit your preferences. You can choose the type and length of each MA, whether to turn them into a color ribbon, whether to plot crosses, and whether to draw the MA Value Table.
The MA Value Table can be moved to a different location on the chart by selecting the "Location of Table" option and choosing Top Left, Top Right, Bottom Left, or Bottom Right.
Watch for MA crossovers and alerts to identify potential trend reversals. The script can help you identify bullish and bearish trends by color-coding the area between the MAs and displaying the current values of each MA in the table.
Breakdown of the script:
User Inputs
The first section of the script defines several user inputs that allows you to customize the indicator. These include options for turning the MAs into a color ribbon, plotting crosses when there is a bullish or bearish cross of the MAs, drawing a table of the MA values, and setting the transparency of the ribbon. You can also select the location of the MA value table and customize the settings for each individual MA.
Moving Average Calculation
The script defines a function called "getMA" that calculates the moving average for a given type and length. The function uses a switch statement to determine which type of moving average to use, such as an exponential moving average (EMA), simple moving average (SMA), Hull moving average (HMA), weighted moving average (WMA), double exponential moving average (DEMA), volume-weighted moving average (VWMA), or volume-weighted average price (VWAP).
The script then calls this function to calculate the values of up to five different MAs, depending on the user input. The ATR (average true range) is also calculated using the TA library.
Color Filter and Cross Detection
The script sets a color filter based on the relationship between the MAs. If the shorter-term MAs are above the longer-term MAs, the filter is set to green to indicate a bullish trend, and if the shorter-term MAs are below the longer-term MAs, the filter is set to red to indicate a bearish trend. You can adjust the transparency of the ribbon to make it more or less visible.
The script also detects when there is a bullish or bearish cross of the MAs and can generate alerts to notify you.
MA Plotting
The script plots up to five MAs on the chart, depending on the user input. The MAs are plotted as lines with different colors and thicknesses, and you can choose to turn them into a color ribbon if desired.
Cross Plotting
The script plots crosses on the chart when there is a bullish or bearish cross of the MAs. The crosses are plotted as X shapes at the location of the cross and are color-coded to indicate the direction of the cross.
MA Value Table
Finally, the script draws a table of the MA values on the chart, displaying the values of each MA as well as the current trend and the ATR. You can customize the location of the table, and the table is colored to match the color filter of the MAs.
Feel free to message me or comment on the post with any questions or issues!
Much more to come!
Thanks for reading, enjoy!
Moving
Multi-Symbol Cross Indicator Template - Unleash Your Potential!Unlock your full trading potential with this powerful and versatile Multi-Symbol Cross Indicator Template! This script is designed to make you stand out from the crowd by enabling you to monitor multiple symbols on a single chart for specific events, such as a Golden Cross or Death Cross. With its high adaptability to include various technical indicators, you're in complete control of your trading decisions and market analysis.
By using the built-in request.security function, this template fetches data for your chosen symbols from the selected exchange and calculates the conditions (e.g., moving average crossovers) for each symbol. Although the current implementation focuses on Golden Crosses and Death Crosses, the sky is the limit when it comes to modifying the script to incorporate other technical indicators such as RSI, MACD, or Bollinger Bands.
You, as a discerning trader, can easily customize the script by selecting your preferred exchange and symbols through input options. This flexibility allows you to monitor your favorite markets without the need for any direct code modification, giving you the ultimate adaptability for various trading strategies and market analysis purposes.
Remember, this script is more than just an example or template; it's the key to unleashing your inner trading genius. While it's not intended to be a standalone trading strategy, it serves as the foundation for you to build upon and create your own customized multi-symbol indicators or strategies. You are awesome, and with this Multi-Symbol Cross Indicator Template, there's no doubt that you're on the path to achieving great success in your trading journey!
Strategy Myth-Busting #4 - LSMA+HULL Crossover - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our fourth one we are automating is one of the strategies from "I Found The Best 1 Minute Scalping Strategy That Actually Works! ( Beginner Friendly )" from "Trade Domination" who claims to have made 366% profit on the 1 min chart of Solona despite having a 31% win rate in just a few weeks. As you can see from the backtest results below, I was unable to substantiate anything close to that that claim on the same symbol ( SOLUSD ), timeframe (1m) with identical instrument settings that "Trade Domination" was demonstrating with. Strategy Busted.
If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me.
This strategy uses a combination of 2 open-source public indicators:
LSMA
Hull Suite by InSilico
Trading Rules
1 min candles
Stop Loss on recent swing High/Low
1:5 Risk Ratio
Enter Long
LSMA cross above Red Hull Suite line
Price has to be above Hull Suite Line
Enter Short
LSMA crosses under green Hull Suite Line
Price has to be below Hull Suite Line
Correlated ATR MA | AdulariHow do I use it?
Never use this indicator as standalone trading signal, it should be used as confluence.
When the price is above the moving average this shows the bullish trend is strong.
When the price is below the moving average this shows the bearish trend is strong.
When the moving average is purple, the trend is bullish, when it is gray, the trend is bearish.
Features:
Purple line for bullish trend and gray line for bearish trend.
Custom formula combining an ATR and Hull MA to clearly indicate trend strength and direction.
Unique approach to moving averages by taking the average of 3 types of MA's combined with custom ATR's.
How does it work?
1 — ATR value is calculated, then the correlation between the source and ATR is calculated.
2 — Signal value is calculated from the difference between the previous source and ATR values.
3 — Final value is being calculated using the following formula:
cor * target + (1 - cor) * nz(atr , target)
4 — Moving average is calculated by getting the average of 3 values: a normal HMA, HMA plus final value, and HMA minus final value.
Smooth EMA/DEMA/TEMA/EHMA (SEMA)This is my attempt at smoothing the exponential moving average any its cousins. I literally just smoothed the source and alpha and this is what we got. I really like this because you get a nice smooth yet fast acting moving average that works better than a traditional simple moving average. This script also included directional alerts.
Smooth EMA
Smooth DEMA
Smooth TEMA
Smooth EHMA
10 MAs Alpha Indicator by MontyThis indicator is a part of the script I coded earlier this month.
The name is to surprise one of our discord member.
I will publish that indicator in a few days as well, but publishing this as a gesture of giving back to the community.
Indicator has:
10 Moving Averages
Adjustable Color, Opacity and Size etc
Shows Labels for each of the MA.
Can be shifted between EMA or SMA
Can be fixed to show a specific TF MA on current Timeframe.
Oscillating Length Moving Averages***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason
some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use.
This moving average uses an oscillator to influence the length used during calculation. Extremely customizable/tunable with ability to change Max and Min length values, length multiplier, length multiple,4 different settings ,( Decline , <>Peak, >Decline , <>Peak, ><Trough
step6:Select Final Filtering method
step7:plot
MA Cross ScreenerThis 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 servers. The features include: 20 custom symbols, alerts, custom colors, ma select, and custom time frames. If you want to use the custom time frame option, use the lowest time frame possible. That way you wont have gaps. If you have any comments please voice them, that includes suggestions!
I hope you all find this useful!
Williams Fractals + SMMAwilliams fractail + smoothed moving average. moving average. williams fractails with moving average , williams fractails + MA, smma
Mega Pendulum IndicatorThe MPI (Mega Pendulum Indicator) is a fusion between the Pendulum Indicator and the Swing Indicator and is used with specific trading rules.
The MPI is a semi-bounded oscillator comprised of two lines. The first bounded line is the Pendulum Indicator which oscillates between 0 and 100 but generally oscillates between 20 and 80. The second semi-bounded line is the Swing Indicator which generally oscillates between -10 and 10.
The conditions for trading the Mega Pendulum Indicator are as follows:
* Buy: Whenever the Pendulum indicator crosses over its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross over -10 after having been below it.
* Sell: Whenever the Pendulum indicator crosses below its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross under -10 after having been above it.
RSI Reborn [New Formula]A unique non-standard RSI formula with my extensions.
The indicator is displayed without delays and repaints, immediately after the close of the candle.
This formula allows me to correctly include the moving average in the calculation. The calculation allows me to display RSI with any type of MA.
By default I use EMA, with this type of MA my RSI is not visually different from a regular RSI.
I have 11 types of RSI to choose from:
'EMA'
'ALMA'
'RMF'
'TilsonT3'
'ARSI'
'RMA'
'SMA'
'VWMA'
'WMA'
'WWMA'
'ZEMA'
You also have a choice of RSI display:
As candlesticks and as a simple line.
You can adjust the colors in the Style tab.
When you select 'Candles' type, you can make the wicks transparent if they bother you.
I also added a source selection. By default, any RSI uses the Close source.
But you can choose any of 15:
VWAP, Close, Open, HL2, HLC3, OHLC4, Volume, High, Low, vwap(Close), vwap(Open), vwap(High), vwap(Low), AVG(vwap(H,L)), AVG(vwap(O,C)).
Additional extensions:
Additional RSI added.
By default, the extra RSI is twice as long as the regular RSI. Despite the value of 14. The "Multiple of Current TF" function allows calling RSI from a timeframe twice as long as the current one, if it is equal to 2. If it is equal to 3, then it will be 3 times longer than the current timeframe. And so on.
An additional moving average has been added.
You can use it as an ordinary additional line. Or leave it as Cloud by default.
A unique oversold/oversold formula in the form of small red/green dots has been added.
Bolinger Bands feature has also been added.
3 EMAs: Daily fixed and custom timeframe (cajole)Simply adds 3 exponential moving averages (EMAs) to the chart. Two are fixed to the daily scale (e.g., 200 and 50 days) and one adjusts to the chart's scale (e.g. 8 bars).
To use the 8-EMA as a trail stop, you can enable labels on the plot or on the price axis.
Signal Moving Average [LuxAlgo]The following script returns a moving average designed to be used as a signal line in a moving average crossover system. The moving average will diverge from the price during ranging markets and reach the value of a regular moving average during trending markets.
Settings
Length: Moving average period
Src: Source input of the indicator
Usage
Moving average crossover strategies often rely on a "signal" line, a slower moving average used to determine a general trend. This signal line is paired with a faster moving average to filter out potential whipsaw trades that would have been given from crosses between the regular price and the signal line.
The proposed indicator will avoid crossing the price by diverging from it during more ranging periods, thus effectively reducing the number of crosses produced between the price and the signal line.
The color of the area between the price and the signal line is determined by the position of the price relative to the signal line, with a green color indicator a price superior to the signal line.
The color of the signal line, however, is taking into account whether market is trending or ranging, only changing once the market is trending.
The chart above shows the cumulated number of crosses between the price and the signal line (green) and a regular simple moving average of the same period (red) on AMD 15m, a lowered number of crosses can effectively reduce the impact of frictional costs introduced by whipsaw trades.
Volume Weighted Exponential Moving AverageThis is a volume weighted exponential moving average. uses exponential weighting and considers volume in the consideration of the average price. This makes for a more accurate "average" than a standard moving average.
Multiple Daily SMA EMA on Intra 1min 5min 15min ChartsThis script is helping you auto plot daily SMA EMA and extensions when you are looking at intraday charts. The script is customizable where user can select which ever levels they are interested in viewing. These daily lines act as support and resistance levels for intraday
The green line represent 20 EMA Daily
The yellow line represent 50 SMA Daily
The olive line represent 200 SMA Daily
The red line is upper Bollinger Band Daily
The black line is lower Bollinger Band Daily
To help you understand which lines are what I would recommend you add this indicator and select "D" timeframe and then see which lines you would like to view for your 1min chart or 5 min chart you can customize from the setting options which plot color you would like to view.
Four Moving Averages in one IndicatorHave fun and good trades with this. <3 You can use from 1 to 4 EMAs with this.
Reverse Ehler Instantaneous Trendline - TraderHalaiThis script uses a reverse function of the famous Ehler Instantaneous Trendline to calculate the source price required in order to change from Bullish to bearish
From my analysis, the reverse price does appear to be rather choppy, though it is 100% accurate. This is because Ehler's Instantaneous Trendline tends to remain trending for longer periods of time with above average hold periods.
The main suitability for this would be higher level timeframes, such as Weekly, 5 daily, 3 daily. From my findings Smoothed Heikin Ashi Trend, tends to provide better risk-adjusted returns across most timeframes (Higher return to drawdown ratio)
As I have spent a bit of time getting the reverse function mathematics to work, I decided to publish this as open source for the benefit, scrutiny and for further development by the TradingView community anyways.
Enjoy!
CCMA - Count Condition MA (560 Indicators In One) Do you like using moving averages?
Why do you think a pair of moving averages on a chart will help you?
What is the probability that once two moving averages have crossed, you will successfully enter the trade?
So why not use 100+ moving averages at once to increase the probability of a successful trade?
And all this can be seen in a single oscillator as a histogram!
I want to introduce you to a system that takes into account 560 moving averages movements. And that's just for a second, 560 potential indicators.
Specifically:
- 22 types of MA (EMA, SMA, RMA and others).
- 176 moving averages.
- 310 crossover checks.
- 252 checks of trend following.
The indicator makes the most of the opportunities provided by television. Therefore, it can take a long time to load it.
How does it work ?
In general, the indicator counts the number of fulfilled conditions.
It checks if MA #1 and MA #2 have crossed. If so, it adds +1 to the statistics. It also checks if price is above or below the moving average. There are a total of 560 such checks. (This is about the maximum the TV allowed me).
The default is 8 lengths of moving averages, I took the Fibonacci numbers thinking they were the optimal solution. You can take any of your favorites.
If the "Ratio MOD" feature is on. Then you can see how many MAs are showing signals to enter a long or short position.
You can also see the indication at the bottom as dots. They show which signals are longer/shorter. If the number of signals is the same, the dot will be yellow. The first line of dots counts the number of crossings. The second line counts the number of crossovers + checks whether the price is above or below the average slippage.
If the "Differ MOD" function is enabled. Then you can see the difference between long and short signals. With the same indication as in RATIO MOD.
If "Show all" is on, then the bar graph shows all 560 accounting options. If it is off, only the number of crossovers is displayed. (This does not apply to the display as points)
If the script shows an error, try to change the timeframe and go back. Or add it again.
You can also disable the histogram in the stats settings and leave only the points that help in determining the trend.
Mark MinerviniHi everyone,
Just sharing a script that I made when I began to be interested in Mark Minervini, Wiliam O'Neil, Nicolas Darvas,.. trading style.
This script displays :
- 10 EMA (orange)
- 20 EMA (blue light)
- 50 SMA (blue)
-150 SMA (green)
-200 SMA (red)
- Shows when the stock is "extended" from EMA10 to high of the candle (Works in Daily, you can adjust the % to make it match with the stock's volatility)
(Shows a red area between price and 10 EMA)
- Shows when Mark Minervini's trend template is respected by highlighting green between 150 & 200 SMA.
I Although added bollinger bands and 5 EMA for very strong stocks. (I never use them)
Have fun
Carrey's Velocity and AccelerationThis is initially based on the MA Speed indicator from TradeStation () and expanded upon greatly. This implements 3 different variable MAs and calculates and plots both speed and acceleration of each. Also, a single line composite option is included for both speed and acceleration that changes color based on directional confluence of each MA's speed/acceleration. Additionally, optional labels are included to show where the 3 MAs are clustered, and a volatile move is expected, and where they are more distributed, expecting a temporary reversal.
The additional acceleration concept comes from kinematics in physics. Utilizing time-based derivatives, we can calculate the velocity and acceleration of the moving averages, which can help us identify momentum of price action and locate reversals sooner.
VWAP With EMA Overlay (Adjustable Anchor)For those who want the classic Volume Weighted Average Price and Ema on the same overlay.
This script utilizes the same protocols as the VWAP and EMA you currently use. Just frees up an indicator space.
KEEP UP TO DATE
Are you a college student or graduate?
Join College Town Trade discord for helpful community specializing in trading stocks, options, and crypto.
Our staff consists of a group of college students with 10+ years of combined experience. Collectively we have profited and made well above an average yearly salary while being in college. The community aspect is everything and the team always listens and appreciates feedback. We all earn and learn together. There are free trials in place in order for you to see what it’s all about. These are in place so we can gain your trust and show transparency!
I look forward to seeing you in the community
advBtBjDhk
ln(close/20 sma) adjusted for time (BTC)(This indicator was designed for the BTC index chart)
Designed for Bitcoin. Plots the log of the close/20W SMA with a linear offset m*t, where m is the gradient I've chosen and t is the candle index. Anything above 1 is a mania phase/market cycle top. If it peaks around 0.92 and rolls over, it could be a local/market cycle top.
This will obviously not work at all in the long term as Bitcoin will not continue following the trend line on the log plot (you can even see it start to deviate in the Jan-Feb 2021 peaks where the indicator went to 1.15).
It identifies the 2011, 2013 (both of them), 2017 tops as being just above 1. It also identifies the 2019 local peak and 2021 market cycle top at ~0.94.
Feel free to change the gradient or even add a function to curve the straight line eventually. I made this for fun, feel free to use it as you wish.
Moving Average pooria563sma moving average 20 , 50 , 100, 200 that you choose one of them that you want.
