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Moving Average Bands (Free)

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This indicator creates a dynamic moving-average channel using the High, Low, and (optionally) Close prices. The user can choose from SMA, EMA, RMA, WMA, or HMA smoothing.
Benefits

✔ Adaptive trend channel based on smoothed highs and lows
✔ Dynamic support/resistance zones
✔ Volatility expansion/contraction visualised without ATR or Bollinger formulas
✔ Breakout detection when price leaves the band
✔ User-selectable MA type for full customisation
✔ Clean, minimal visuals that work on any chart style

Use it to:
  • identify trend direction
  • spot breakouts
  • time pullbacks
  • gauge volatility
  • frame price action more clearly


This is a free educational indicator
Nota Keluaran
Added VWMA as an MA option
Nota Keluaran
Minor update to config field name

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.