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dashboard MTF,EMA User Guide: Dashboard MTF EMA Script Installation: Copy the script code. Go to the script window (Pine Editor) on TradingView. Paste the code into the script window. Save the script. Adding the Script to the Chart: Return to your chart on TradingView. Look for the script in the list of available scripts. Add the script to the chart. Interpreting the Table: On the right side of the chart, you will see a table labeled "EMA" with arrows. The rows correspond to different timeframes: 5 minutes (5M), 15 minutes (15M), 1 hour (1H), 4 hours (4H), and 1 day (1D). Understanding the Arrows: Each row of the table has two columns: "EMA" and an arrow. "EMA" indicates the trend of the Exponential Moving Average (EMA) for the specified period. The arrow indicates the direction of the trend: ▲ for bullish, ▼ for bearish. Table Colors: The colors of the table reflect the current trend based on the comparison between fast and slow EMAs. Blue (▲) indicates a bullish trend. Red (▼) indicates a bearish trend. Table Theme: The table has a dark (Dark) or light (Light) theme according to your preference. The background, frame, and colors are adjusted based on the selected theme. Usage: Use the table as a quick indicator of trends on different timeframes. The arrows help you quickly identify trends without navigating between different time units. Designed to simplify analysis and avoid cluttering the chart with multiple indicators.
Pine Script® göstergesi
SESE04 tarafından
2
Linear Regression MTF + Bands Multiple Time Frames (MTFs): The indicator allows you to view linear regression trends over three different time frames (TF1, TF2, TF3) simultaneously. This means a trader can observe short, medium, and long-term trends on a single chart, which is valuable for understanding overall market direction and making cross-timeframe comparisons. Linear Regression Bands: For each time frame, the indicator calculates linear regression bands. These bands represent the expected price range based on past prices. The middle line is the linear regression line, and the upper and lower lines are set at a specified deviation from this line. Traders can use these bands to spot potential overbought or oversold conditions, or to anticipate future price movements. History Bands: Looking at linear regression channels can be deceiving if the user does not understand the calculation. In order to see where the channel was at in history the user can display the history bands to see where price actual was in a non-repainting fashion. Customization Options: Traders can customize various aspects of the indicator, such as whether to display each time frame, the length of the linear regression (how many past data points it considers), and the deviation for the bands. This flexibility allows traders to adapt the indicator to their specific trading style and the asset they are analyzing. Alerts: The script includes functionality to set alerts based on the price crossing the upper or lower bands of any time frame. This feature helps traders to be notified of potential trading opportunities or risks without constantly monitoring the chart. Examples The 15minute linear regression is overlayed onto a 5 minute chart. We are able to see higher timeframe average and extremes. The average is the middle of the channel and the extremes are the outer edges of the bands. The bands are non-repainting meaning that is the actual value of the channel at that place in time. Here multiple channels are shown at once. We have a linear regression for the 5, 15, and 60 minute charts. If your strategy uses those timeframes you can see the average and overbought/oversold areas without having to flip through charts. In this example we show just the history bands. The bands could be thought of as a "don't diddle in the middle" area if your strategy is looking for reversals You can extend the channel into the future via the various input settings.
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GoodGains tarafından
6
Breakout Detector (Previous MTF High Low Levels) [LuxAlgo]The Breakout Detector (Previous MTF High Low Levels) indicator highlights breakouts of previous high/low levels from a higher timeframe. The indicator is able to: display take-profit/stop-loss levels based on a user selected Win/Loss ratio, detect false breakouts, and display a dashboard with various useful statistics. Do note that previous high/low levels are subject to backpainting, that is they are drawn retrospectively in their corresponding location. Other elements in the script are not subject to backpainting. 🔶 USAGE Breakouts occur when the price closes above a previous Higher Timeframe (HTF) High or below a previous HTF Low. On the advent of a breakout, the closing price acts as an entry level at which a Take Profit (TP) and Stop Loss (SL) are placed. When a TP or SL level is reached, the SL/TP box border is highlighted. When there is a breakout in the opposite direction of an active breakout, previous breakout levels stop being updated. Not reaching an SL/TP level will result in a partial loss/win, which will result in the box being highlighted with a dotted border (default). This can also be set as a dashed or solid border. Detection of False Breakouts (default on) can be helpful to avoid false positives, these can also be indicative of potential trend reversals. This indicator contains visualization when a new HTF interval begins (thick vertical grey line) and a dashboard for reviewing the breakout results (both defaults enabled; and can be disabled). As seen in the example above, the active, open breakout is colored green/red. You can enable the setting ' Cancel TP/SL at the end of HTF ', which will stop updating previous TP/SL levels on the occurrence of a new HTF interval. 🔶 DETAILS 🔹 Principles Every time a new timeframe period starts, the previous high and low are detected of the higher timeframe. On that bar only there won't be a breakout detection. A breakout is confirmed when the close price breaks the previous HTF high/low A breakout in the same direction as the active breakout is ignored. A breakout in the opposite direction stops previous breakout levels from being updated. Take Profit/Stop Loss, partially or not, will be highlighted in an easily interpretable manner. 🔹 Set Higher Timeframe There are 2 options for choosing a higher timeframe: • Choose a specific higher timeframe (in this example, Weekly higher TF on a 4h chart) • Choose a multiple of the current timeframe (in this example, 75 minutes TF on a 15 min chart - 15 x 5) Do mind, that when using this option, non-standard TFs can give less desired timeframe changes. 🔹 Setting Win/Loss Levels The Stop Loss (SL) / Take Profit (TP) setting has 2 options: W%:L% : A fixed percentage is chosen, for TP and SL. W:L : In this case L (Loss-part) is set through Loss Settings , W (Win-part) is calculated by multiplying L , for example W : L = 2 : 1, W will be twice as large as the L . 🔹 Loss Settings The last drawing at the right is still active (colored green/red) The Loss part can be: A multiple of the Average True Range (ATR) of the last 200 bars. A multiple of the Range Cumulative Mean (RCM). The Latest Swing (with Length setting) Range Cumulative Mean is the sum of the Candle Range (high - low) divided by its bar index. 🔹 False Breakouts A False Breakout is confirmed when the price of the bar immediately after the breakout bar returns above/below the breakout level. 🔹 Dashboard 🔶 ALERTS This publication provides several alerts Bullish/Bearish Breakout: A new Breakout. Bullish/Bearish False Breakout: False Breakout detected, 1 bar after the Breakout. Bullish/Bearish TP: When the TP/profit level has been reached. Bullish/Bearish Fail: When the SL/stop-loss level has been reached. Note that when a new Breakout causes the previous Breakout to stop being updated, only an alert is provided of the new Breakout. 🔶 SETTINGS 🔹 Set Higher Timeframe Option : HTF/Mult HTF : When HTF is chosen as Option , set the Higher Timeframe (higher than current TF) Mult : When Mult is chosen as Option , set the multiple of current TF (for example 3, curr. TF 15min -> 45min) 🔹 Set Win/Loss Level SL/TP : W:L or W%:L%: Set the Win/Loss Ratio (Take Profit/Stop Loss) • W : L : Set the Ratio of Win (TP) against Loss (SL) . The L level is set at Loss Settings • W% : L% : Set a fixed percentage of breakout price as SL/TP 🔹 Loss Settings When W : L is chosen as SL/TP Option, this sets the Loss part (L) Base : • RCM : Range Cumulative Mean • ATR : Average True Range of last 200 bars • Last Swing : Last Swing Low when bullish breakout, last Swing High when bearish breakout Multiple : x times RCM/ATR Swing Length : Sets the 'left' period ('right' period is always 1) Colours : colour of TP/SL box and border Borders : Style border when breakout levels stop being updated, but TP/SL is not reached. (Default dotted dot , other option is dashed dsh or solid sol ) 🔹 Extra Show Timeframe Change : Show a grey vertical line when a new Higher Timeframe interval begins Detect False Outbreak Cancel TP/SL at end of HTF 🔹 Show Dashboard Location: Location of the dashboard (Top Right or Bottom Right/Left) Size: Text size (Tiny, Small, Normal) See USAGE/DETAILS for more information
Pine Script® göstergesi
LuxAlgo tarafından
24
Ceres Trader MTF Triple EMA with SmoothingDescription: The "Ceres Trader MTF EMA with Smoothing" indicator is a versatile tool designed for traders who rely on Exponential Moving Averages (EMAs) for their technical analysis. This indicator uniquely blends the concept of EMAs with customizable smoothing techniques, enhancing the clarity and interpretability of moving average lines on your charts. Features: Triple EMA Visualization: Visualize three distinct EMAs on your chart, each customizable in terms of length, timeframe, and color. This triple-layer approach allows for a comprehensive view of price trends across different time periods. User-defined EMA Lengths: Set the lengths of all three EMAs according to your trading strategy. The default length is set at 20 bars, but this can be easily adjusted to suit different trading styles and timeframes. Flexible Timeframes: Each EMA can be plotted based on different timeframes, providing a multi-timeframe analysis within a single chart view. Smoothing Techniques: Choose from five different smoothing methods (SMA, EMA, SMMA, WMA, VWMA) to refine the EMA lines. This feature reduces market “noise” and helps in identifying the true underlying trends. Enhanced Smoothing for Longer Timeframes: The indicator applies an advanced double smoothing technique to the EMA of the longest timeframe, offering an even smoother line that is beneficial for long-term trend analysis. Customizable Aesthetics: Personalize the appearance of each EMA line with a selection of colors, enhancing visual differentiation and readability. Benefits: Versatility: Suitable for various trading styles, including swing trading, day trading, and long-term trend following. Clarity in Trend Analysis: The smoothing techniques help in filtering out market noise, making it easier to identify meaningful trends. Multi-Timeframe Analysis: The ability to view EMAs from different timeframes simultaneously offers a comprehensive analysis, saving time and enhancing decision-making. Ideal for: Traders looking for a customizable and insightful way to use EMAs in their market analysis. Whether you are a beginner or an experienced trader, this indicator's flexibility and depth can add significant value to your technical analysis toolkit.
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CeresTrader tarafından
DSS Bressert Stochastic MTFDouble Smoothed Stochastics – DSS Bressert is an oscillator introduced by William Blau and Walter Bressert shortly after each other in two slightly different versions. The calculation of DSS Bressert values is similar to the stochastic indicator. The difference is the use of double exponential smoothing. The advantages over the classic stochastic oscillators are the fast response to price changes in a still very smooth pattern. In addition, the extreme zones at the other end of the scale are reached quite frequently, even in strong trends, resulting in many trend conforming signals. Double Smoothed Stochastics – DSS The Bressert values are the same as the stochastics – values above 80 indicate an overbought condition of the market, values below 20 indicate an oversold condition of the market. This is a full implementation of the original Stochastic Calulation with Multi-Time-Frame options. Other available scrips are lagging here and messing MTF up... This Scrip will plot 2 lines for the double smoothed Stochastic based on the original exponential calculation from Blau/Bressert. Whilst the original stochastic is only simple moving average. If you are a daytrader or scalper, the script is able to show a slow line and a fast line pair. Preferred Settings are embedded as screenshot.
Pine Script® göstergesi
Roul_Charts tarafından
2
DojiCandle body size RSI-SMMA filter MTF DojiCandle body size RSI-SMMA filter MTF Hi. I was inspired by a public script written by @ahmedirshad419, . I thank him for his idea and hard work. His script is the combination of RSI and Engulfing Pattern. //------------------------------------------------------------ I decided to tweak it a bit with Open IA. I have changed: 1) candle pattern to DojiCandle Pattern; 2) I added the ability for the user to change the size of the candlestick body; 3) Added SMMA 200; 4) Changed the colour of SMMA 200 depending on price direction; 5) Added a change in the colour of candlesticks, depending on the colour of the SMMA 200; 6) Added buy and sell signals with indicator name, ticker and close price; 7) Added ability to use indicator on multi time frame. How it works 1. when RSI > 70 > SMMA 200 and form the bullish DojiCandle Pattern. It gives sell signal 2. when RSI < 30 < SMMA 200 and form the bearish DojiCandle Pattern. It gives buy signal settings: basic setting for RSI, SMMA 200 has been enabled in the script to set the levels accordingly to your trades Enjoy
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Dahdaryon tarafından
1
ICT MTF FVG [MK]FVGs (Fair Value Gaps) are significant levels that may act as support or resistance to price. The script finds FVGs as per ICT trading system, then plots the full FVG to the right side of the chart. FVG boxes do not change size when they are semi-mitigated as its important to know where the original FVG midpoint lies. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display FVG boxes for the following timeframes. Chart, 5,10,15,30,1hr,4hr,8hr,12hr,D,W,M. Below shows 1hr FVGs marked out. NOTE: this is not what the script does, this is for explanation only. Below shows what the script will do. 1hr FVGs shown on 15min chart
Pine Script® göstergesi
malk1903 tarafından
43
ICT MTF Order Block Wicks [MK]Order Blocks are significant levels that may act as support or resistance to price. Often the wick area is where price may react. The script finds order blocks as per ICT trading system, then plots either the top or bottom wick area to the right side of price. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display order block boxes for the following timeframes. 5,10,15,30,1hr,4hr,8hr,12hr,D,W,M. Only order blocks of a higher timeframe than the current chart can be shown. Below shows how order block wicks should be drawn on a 1hr chart NOTE: this is not what the indicator does, its only for explanation. Below shows the same 1hr order blocks, but shown on a 15min chart NOTE: this is the function of this indicator.
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malk1903 tarafından
20
[blackcat] L2 Auto MTF Pivot Forecast Level 2 Background A algo for pivot points forecast for each bar of automatic multiple timeframe (MTF) data. Function In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time period. There are many ways to calculate the pivot point. The pivot point is calculated using the highest price (H), the lowest price (L) and the closing price (C) of the previous time period, and sometimes the opening price of the current time period Valence (O) was added to it. S1 yellow S2 white R1 Orange R2 fuchsia The smoothing parameter default to 55 The pivot point indicator can be used in two ways. First, the pivot point can be used as a price trend confirmation. It is generally believed that if the price is above the pivot point in the latter period of time, the market is considered to be in a bull market sentiment, otherwise it is considered to be in a bear market sentiment. Second, support and resistance levels are mainly used as exit positions. For example, R1 and R2 can be used as trade targets if the market price breaks above a pivot point. If the market effectively breaks R1 and R2, traders may consider adding to their long positions. Remarks Feedbacks are appreciated.
Pine Script® göstergesi
blackcat1402 tarafından
2
DB CCI Breakout MTFDB CCI Breakout MTF What does the indicator do? The indicator will display crypto breakout and fallouts based on 4 timeframe CCI values. By default the current chart timeframe is used and the user may chose 3 other timeframes in the settings. Additionally, the symbol may be configured in the indicator settings. Default is Coinbase:ETHUSD. The indicator will monitor the CCI levels on 4 timeframes and will alert to any CCI activity over 100 or under -100 which would indicate a breakout or fallout is present. A green diamond is displayed when a breakout is detected on one or more of the timeframes for the selected symbol. How should this indicator be used? The indicator is a secondary alert system for the presence of breakouts or fallout conditions as under those scenarios position exit or entry strategies may be different. Does the indicator include any alerts? Not in this version. But I could add some if desired. Use at your own risk and do your own diligence. Enjoy!
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thefluffyones tarafından
STD Stepped Ehlers Optimal Tracking Filter MTF w/ Alerts [Loxx]STD Stepped Ehlers Optimal Tracking Filter MTF w/ Alerts is the traditional Ehlers Optimal Tracking Filter but with stepped price levels, access to multiple time frames, and alerts. What is Ehlers Optimal Tracking Filter? From "OPTIMAL TRACKING FILTERS" by John Ehlers: "Dr. R.E. Kalman introduced his concept of optimum estimation in 1960. Since that time, his technique has proven to be a powerful and practical tool. The approach is particularly well suited for optimizing the performance of modern terrestrial and space navigation systems. Many traders not directly involved in system analysis have heard about Kalman filtering and have expressed an interest in learning more about it for market applications. Although attempts have been made to provide simple, intuitive explanations, none has been completely successful. Almost without exception, descriptions have become mired in the jargon and state-space notation of the “cult”. Surprisingly, in spite of the obscure-looking mathematics (the most impenetrable of which can be found in Dr. Kalman’s original paper), Kalman filtering is a fairly direct and simple concept. In the spirit of being pragmatic, we will not deal with the full-blown matrix equations in this description and we will be less than rigorous in the application to trading. Rigorous application requires knowledge of the probability distributions of the statistics. Nonetheless we end with practically useful results. We will depart from the classical approach by working backwards from Exponential Moving Averages. In this process, we introduce a way to create a nearly zero lag moving average. From there, we will use the concept of a Tracking Index that optimizes the filter tracking for the given uncertainty in price movement and the uncertainty in our ability to measure it." Included: -Standard deviation stepping filter, price is required to exceed XX deviations before the moving average line shifts direction -Selection of filtering based on source price, the moving average, or both; you can also set the Filter deviations to 0 for no filtering at all -Toggle on/off bar coloring -Toggle on/off signals -Long/Short alerts
Pine Script® göstergesi
loxx tarafından
6
drawcandlesLibrary "drawcandles" simple utility to draw different candles using box and lines. Quite useful for drawing candles such as zigzag candles or MTF candles draw(o, h, l, c, oBar, cBar)   draws candles based on ohlc values   Parameters:      o : Open Price      h : High Price      l : Low Price      c : Close Price      oBar : Open Time      cBar : Close Time   Returns: void
Pine Script® kütüphanesi
Trendoscope tarafından
12
Moving Average Multipliers MTF (Mescu)Includes 4 customizable Moving Average with multipliers and multi-timeframe (MTF). Tweaks the parameters to your liking, it should be pretty simple to understand Used here with BTC/USD (1W) to identify good sell and buy zone for Bitcoin. Got the idea from the 2-year MA Multiplier indicator, but didn't find something of my liking on TradingView, so I made my own. Drop me a comment if you have any questions, suggestions, improvements. Mescu www.tradingview.com
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mescu tarafından
2
CCI MTF Ob+OsHello Traders, This is a simple Commodity Channel Index (CCI) indicator with multi-timeframe (MTF) overbought and oversold level. It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily. There are options to select 1-5 timeframes to detect overbought and oversold. Green Background is "Oversold" , looking for "Long". Red Background is "Overbought" , looking for "Short". Have fun :)
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BacktestTerminal tarafından
Ichimoku Buy/Sell Signals of manual MTF Tenkan crossing KijunIchimoku Buy/Sell Signals based on fast, small time frame Tenkans crossing longer timeframes Kijuns - Manual MTF Analysis This code marks the potential change of direction based on the input of one timeframe's Ichimoku Tenkan (conversion) line crossing over a higher, longer timeframe's Ichimoku Kijun (base) line. Feel free to change the inputs if need be and to hide the yellow box. Use Ichimoku rules of Tenkan, Kijun, Lagging Span, and Cloud for Take profit/Stop Losses. It is best to wait 3-5 minutes after the signal to enter to confirm the trend and to confirm if the Lagging Span has broken key levels. I refer to the book Trading with Ichimoku - A Practical Guide to Low-Risk Ichimoku Strategies by Karen Peloille as the Ichimoku rulebook. Good luck. For day trading/scalping/intraday - 1min/3min/5min Tenkan Line Timeframe = 1min Kijun Line Timeframe = 5min For swing trading - multiple days/weeks - 4HR/Daily/Weekly Charts Tenkan Line Timeframe = day Kijun Line Timeframe = week
Pine Script® göstergesi
kjb_1234 tarafından
2
[Sextan] Dark Cloud Density MTFNOTE: Sextan Bactest version which support MTF Level:1 Background Go long through the buy and sell tags, and determine the size of the buy position by observing the density of the dark cloud or the thickness of the dark cloud. Function This is a buying and selling system that strives for simplicity and clarity, and position control is determined by the trend. The dark cloud here is the standard of this measurement. If there are many dark clouds, it means that the short-selling power is relatively strong, and the long-buying signal can be given up or bought with a small position. If the density of the dark clouds is sparse, it means that the long and short positions are weak, and the long positions can be appropriately increased. The specific function is to follow the label prompts to buy and sell, and to decide how much to buy according to the density of the dark clouds. Remarks Free and Open Source Alerts are added.
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blackcat1402 tarafından
2
[Dipiers] Phoenix MTF v2.1This indicator is a modified (Multi Timeframe) version of the Phoenix Ascending that you can find between the @WyckoffMode scripts and it follows the same rules at the moment of the pubblication. A special thanks to @Neuromantic that did a great part of the MTF coding and to @HedgeMode for the "real-time" idea to make the ongoing candle visibly different to always remember that it hasn't closed yet. The chart TF must be the lowest between all the ones analysed. The value of the higher TFs candles are the ones at the last close so to avoid repainting. It is best used applying no more than a couple of TFs each chart so to have a better view of the races, you can apply the indicator multiple times to have a good view of the different TFs. If you are using the code remember to give credit to the persons have worked on it.
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dipiers tarafından
1
Hx MTF Sorted MAs Panel with Freeze WarningThis script displays the close price and 4 sorted moving averages of your choice in a small repositionable panel and, when used on a higher timeframe, warns you when values may be different from actual values in the higher timeframe, inciting you to double check the actual values of the moving averages in the higher timeframe the panel is supposed to reflect. The 4 moving averages and close are sorted together, providing you with a bird’s-eye view of their relative positions, the same way moving averages and last price values are displayed on the right scale. The black header reminds of: (1) the timeframe (resolution) used in the panel (2) the remaining time before a new bar is created in the panel timeframe. Note that this remaining time is different from the one on the right scale, since it is only updated when a new transaction occurs. Below, price and moving averages are sorted, color coded and followed by: (1) a trend indicator ↗ or ↘ meaning that last change is up or down (2) the number of bars since the moving average is above or below close (0 means current bar). This is obviously not displayed after the close price line (white background color). Use This panel was basically developed to display higher timeframe data but it can also be used with the same timeframe as chart for example if you do not want to plot moving averages on your chart but are still interested in their trends and relative positions vs price. If you see something strange (like header is not black and displays NaN), it just means you requested moving averages that are not available in the panel timeframe. This may happen with newly introduced cryptos and “long” MA timeframes. Different Timeframe If you choose to use the panel on a different timeframe than the current one, be aware that you should only use timeframes higher than the current one, as per Tradingview recommendations. If you select a lower timeframe than the current one, the panel timeframe header cell will turn to the alert color you set (fuchsia by default). After tinkering for a while with the security function, I noticed that sometimes indicator values “freeze” (i.e. stop udating) and I have found no workaround. What I mean is that when you look at a sma on a 5 minutes timeframe (the reference) and look at this same sma on a 5 minutes timeframe but from a lower timeframe through the security function set with a timeframe of 5 minutes, values returned by the security function are not always up to date and “freeze”. That’s the bad news. Freeze warning The better news is that this unexpected behaviour seems to be predictable, at least on minutes timeframes and I implemented an indicator that endeavors to detecting such situations. When the panel believes data may be frozen, the ‘Remaining Time’ header cell will turn to the alert color. This feature is only implemented on minutes timeframes and can be switched on or off. Other points of interest in this script If you code, this function may also interest you: sortWithIndexes (arrayToSort) returns a tuple (sortedArray, sortedIndexes) and therefore allows multi-dimensional arrays sorting without actually implementing a sorting algorithm 😉. Default Settings The default settings provide an example of commonly used moving averages with associated colors ranked from Hot (more nervous) to Cold (less nervous). These settings are just an example and are NOT meant to be used as a trading system! DYOR! Hope it will be useful. Does the Freeze warning work for you? What do you think of my pseudo sorting algorithm? Enjoy and please let me know what you think in the comments.
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HDrbx tarafından
SNL Popular Moving Averages MTFSNL△ Popular Moving Averages MTF Short title: PopMAs These are popular moving averages used by various traders and they are multi-timeframe, i.e. you can see the 200 day SMA on a 15 minute chart. Four moving averages are also included for the current timeframe (20, 50, 100 and 200 EMA). Not all moving averages are enabled by default. You can turn individual moving averges on or off in the "Style" tab of the indicator's settings. The way I see moving averages is that they do not represent a magic mathematical truth, but are simply the result of many people agreeing on the same parameters. I guess the origin were five working days in a week and therefore a month would be four times five, i.e. a 20 day SMA. 200 days are probably an estimate of the work days in a year and the 50 day SMA represents a quarter year. There are many indicators on TradingView that offer various adjustable moving averages, including combinations and multi-timeframe. But my interest was to have an indicator with the most popular moving averages and it should be multi-timeframe capable. By design I did not want to make the periods adjustable, but you could add this easily if you like. Here are some examples of poplular moving averages: 20 unit EMA : support on 4h BTC chart, Carl the Moon 20, 50, 100, 200 day SMA : classic trading all charts, Benjamin Cowen, Tone Vays 20, 50, 100, 200 week SMA: Benjamin Cowen 21 week EMA: well known BTC support, Benjamin Cowen 800 hour EMA: Traders Reality -> not possible in TradingView, represented as 33 day EMA Known problems: - I have not found a way to turn off floating labels according to a plot's state chosen in the "Style" tab. So you will still see the label floating around even if you have turned off the moving average's line. But you can always turn of all the floating labels in the settings. - I have observed unexpected differences on multi-timeframe values: For example, looking at the true 20 week SMA on a weekly BTC chart showed a present time value of 43821 USD, but the value was 43908 USD for the result of this call used in this script: security(syminfo.tickerid, "W", sma(close, 20)) The difference went away when switching my chart to weekly and back to 15 minutes. Please comment if you know of other moving averages that are often and successfully used or if you find that one of the included moving averages is irrelevant and should be removed from this script. And I would very much appreciate any input regarding the mentioned known problems.
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StaticNoiseLog tarafından