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Colored Moving Averages Can Help You Spot Trends
Moving averages are perhaps the most popular indicator in technical analysis. But sometimes they're not the easiest to interpret.
This indicator helps you see the trend by coloring the MA based on its direction. It's green when rising and red when falling. Of course, you can easily change that in the Style tab under Settings.
Color MA also lets you select from five different types of moving averages, including simple, exponential and Hull. We've included a list for easy reference below. Just change the "AvgType" on the Input tab under Settings.
This chart of $NASDAQ:FB shows the 20-day simple moving average. Notice how swings often marked turns in the stock price.
AvgType codes:
1 - Simple Moving Average
2 - Exponential Moving Average
3 - Hull Moving Average
4 - Weighted Moving Average
5 - Volume Weighted Moving Average
This indicator helps you see the trend by coloring the MA based on its direction. It's green when rising and red when falling. Of course, you can easily change that in the Style tab under Settings.
Color MA also lets you select from five different types of moving averages, including simple, exponential and Hull. We've included a list for easy reference below. Just change the "AvgType" on the Input tab under Settings.
This chart of $NASDAQ:FB shows the 20-day simple moving average. Notice how swings often marked turns in the stock price.
AvgType codes:
1 - Simple Moving Average
2 - Exponential Moving Average
3 - Hull Moving Average
4 - Weighted Moving Average
5 - Volume Weighted Moving Average
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Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.