OPEN-SOURCE SCRIPT

MA Toolkit [SMA,EMA,VWAP,WMA and more] by Grimson

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This toolkit contains everything you need to analyze moving averages (MA). You can freely choose which values you want to display: EMA, SMA, WMA, VWMA, HMA.

Color and line style are also fully customizable.

There are three functions available, which can be displayed individually or together:

VWAP and middle VWAP
If you select two colors for the VWAP, it can be compared to the MVWAP. Depending on whether it is trading above or below the MVWAP, the color will change accordingly.

MA Flag
This feature draws up to 9 lines with freely selectable lengths. Here as well, you can choose two colors and define how the coloring behaves:
a) Each line compared with itself (if nothing is selected);
b) Each line compared with the VWAP โ€” whether it is above or below;
c) Compared with the highest of the 9 MA values โ€” for example, if all are below the highest value, they turn red; if all are above, they turn green.

The flag helps you quickly determine whether the market is bullish or bearish.

Up to 4 individual MA lines
Fully customizable. This is useful, for example, to quickly identify key levels or to spot a golden cross or death cross.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.