MA and Channel overlay

Some overlay utilities:

- Draw 3 moving averages (MA) with circles line.
- Option to choose type of MA to plot.
- Draw start point of those MA with a big cross.
- Option to draw channel: Donchian, Bollinger and Envelope.
- Option to draw stop loss line: ATR or Percentage.
- Draw background color in monthly, weekly, daily, intraday, ... chart (remember to choose your correct timezone if using intraday chart).
- Draw a label of last price.
- Draw next prices.

Nota Keluaran

Added comments and showed stop loss line for demo purpose.

Nota Keluaran

Option to show / hide MAs.

Nota Keluaran

New chart view.

Nota Keluaran

Add intraday labels which show day number in month and weekday name.

Nota Keluaran

Add hour range to draw sleep time in intraday chart.

Nota Keluaran

Fixed time zone issue for exchange that has non-UTC timezone.

Nota Keluaran

Fix weekly background issue.

Nota Keluaran

Fix channel len issue.

Nota Keluaran

- Use TDEMA as the default MA now.
- Use bigger periods to catch trend easier.
- Drawed a band between small and medium period (MA1 and MA2) lines.
- The position of this band and the big period line (MA3) is the key to check the trend now.

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In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

niceboomer

Penafian

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.

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niceboomer