Plots the high and low of your chosen moving average.
Options are:
SMA = Simple Moving Average EMA = Exponential Moving Average WMA = Weighted Moving Average HMA = Hull Moving Average VWMA = Volume Weighted Moving Average RMA = Exponetial Weighted Moving Average ALMA = Arnaud Legoux Moving Average
Unbox "Use Current Timeframe" to use chosen timeframe below
I mainly use this to get in and out of the market for futures trading, to reduce fake outs of having just one moving average line.
Let me know if you like it..
Inspired from LazyBear's EMAenvelope :)
Nota Keluaran
⋅
UPDATE - Added alert - Added signals
Nota Keluaran
⋅
UPDATE - Added alert - Added signals
Nota Keluaran
⋅
Update - Added offset - Added signals and bar colors based on color of the lines (up or down) - Added option to fill empty space between moving average and plot - Added option to view one line(close) or two lines(high and low)
Nota Keluaran
⋅
UPDATE Made the indicator much simpler to use, that means I removed some functions..
Removed: - Ability to choose what signals are based on (up/down color are still changeable in style tab, just not the signal labels) - Offset - Ability to fill ma's to candles - High/Low closing source
Added: - Baseline fill - Background - Option to choose repaint or not