Thank you for this great indicator! I do have an idea if it would be possible to add to this indicator.
I am looking for a circle below the bar that the current SMA was calculated from. For example, on a 20 SMA, the bar that is 20-bars prior will have a circle under the wick. On the 50 SMA, the bar would have a circle under the wick 50-bars prior.
This gives the person an idea of how much lower or higher the current price action is from those levels, so we can make a safe assumption as to how long the MA will be inclining or declining for.
I hope this makes sense. I am not a programmer at all, so that is why I am suggesting the idea for someone else to create the program for it.
I am looking for a circle below the bar that the current SMA was calculated from.
For example, on a 20 SMA, the bar that is 20-bars prior will have a circle under the wick.
On the 50 SMA, the bar would have a circle under the wick 50-bars prior.
This gives the person an idea of how much lower or higher the current price action is from those levels, so we can make a safe assumption as to how long the MA will be inclining or declining for.
I hope this makes sense. I am not a programmer at all, so that is why I am suggesting the idea for someone else to create the program for it.
Thank you!