JC blended MAs v3The best, simplest moving averages you'll find.
Well not really. But it does have SMA, WMA, and EMA in one place. Plus an additional one that averages those, that might give you a leg up because it's not really a standard thing and you won't create a massive worldwide machine-driven feedback loop that crashes the markets (instead profit from them). Or something like that.
Each moving average has their own definable averaging length.
The master time resolution is also definable, or you can use the chart's. (The latter which is not very useful for moving averages, yet so many of them on trading view don't let you specify otherwise.)
For example you can set the master resolution to 5 minutes, 1 hour, 1 day, etc. (Default is 1 hour.) The graphs don't change, only the resolution.
Note: There are a few rare, extreme edge cases where the graphs won't render, which are obvious. In which case all you need to do is choose a more sane resolution. This is more about the limits of Trading View than specific script bugs.
Ağırlıklı Hareketli Ortalama (WMA)
Cloud Ribbon ++ by [JohnnySnow]Inspired by my favorite EMA ribbon - "EMA Ribbon " by fskrypt.
This Ribbon ADD the option to choose the avarage algorithm of the ribbon .
Created also to be more friendly to read along with trendlines and Fibonacci retracements.
For those like me that NOT use this ribbon to find exact price action but instead, to have a grasp of possible Support/Resistance strenght ahead.
High transparency lines and a configurable color palette for filling the background give the ribbon a look of support/ Resistance cloud Strenght.
Each MA length, line, and background color can be easily configured.
Buy and Sell with Master_in_chart-ind. [V1]This script indicates the Buy and Sell positions on your chart. In addition, it shows entry price , stop loss and possible targets on the chart. The same information are shown in a table where you can find the position type (long/short) in green and red color, entry point, stop-loss (always in red) and targets.
The targets are defined by Risk to Reward ratios 1:1, 1:1.5 and 1:2.
the labels appears when the all conditions are satisfied.
Interesting part of the script is the alert function. Here one can set the script for different
securities and activate alert in TV.
In summary, one can change and tune the setting of the indicator easily by clicking on the gear icon. In the setting, there are four sections. First section sets the slop-loss. Second section activates and shows the super trend indicator. Third section is designed to tune the signals. Finally, you can apply the script on five different symbols at different time-frames. Here you can set alarm to alert you the signals.
I hope you enjoy it!
Moving Average Gradient (MAG) The Moving Average Gradient Indicator uses multiple Moving Averages to create a gradient. It creates continually more faint MAs, filled upwards or downwards to the price at a certain opacity. It can be used efficiently for stocks, forex, crypto, and more. This indicator combines numerous Moving Averages of your choice, a few of which include:
EMA
SMA
WMA
HMA
RMA
DMA
LSMA
VAMA
TMA
MF
Using this indicator will make entries more simple because crossovers and crossovers can more easily be detected, either manually or using alerts. These multiple Moving Averages allow for a smoothed out price trend, and the filtering of irregular and odd short-term price fluctuations. Due to the ample count of price trends that are widely used, it is difficult to view the market through the eyes of all types of investors/traders. This indicator manages to counter exactly that, you will be able to see all existing trends and enter/exit positions accordingly. This indicator can be used with all chart types and works well with many other indicators. It allows for complete customization and offers easy-to-understand settings which can be designated to a certain individual. You can modify every single factor of the MAs which allows for an even more personalized and adapted Indicator that reflects your trading/ investing inquiries. Most importantly, it looks cool.
A few of the technical settings you can change are:
Moving Average Count (Select how many do you want to be displayed.)
Moving Average Type (EMA, SMA, WMA, etc.)
Source (close, open, high, low)
Separate MA Length (The length of each Moving Average, its lookback. How many previous candles should it be based on? Choose each Moving Average's lookback length.)
You can also change the style settings of the indicators like:
Progressive opacity percentage (By how much will the next MAs fill affect the other? 1st: 50%, 3rd: 30%, 4th: 20%, 5th: 10%)
Bullish Candle Color
Bearish Candle Color
This indicator is unique because it can be used for all strategies and all trading styles, for example, day trading or long-term investing, really anything if used correctly. The reason it can be used in so many instances is a result of the detailed and in-depth settings tab. This allows the indicator to be used and to be useful in various situations and allows you to dominate the market. You can either increase the MA length difference by progressively small amounts for day trading and create bigger gaps in the MA length difference for swing trading or long-term investing. Integrated alerts also enhance your efficiency while using this indicator because you can choose to be notified at the crossovers and crossunders of a pair of Moving Averages.
The technical portion of the indicator creates and plots the chosen amount or count of Moving Averages as specified in the settings tab. Then it fills each MA using the selected color and opacity. Afterward, it adapts the moving Averages to use the inputted data from the settings tab and uses it to plot them accordingly.
Inverse Fisher Transform on Williams %RInverse Fisher Transform On Williams %R
Since Williams R indicator produces negative values, I preferred to add 50 instead of subtracting 50.
It produces values between 0.5 and -0.5.
Generates clear buy and sell signals.
Williams %R determines overbought and oversold levels.
You can see more softly.
Dr.Om's SuperTrend IndicatorRiding along the Super Trend -
Super Trend Bullish candle (STBullCandle) is a candle where low is lower than supertrend and close is greater than super trend.
Conditions for going Long -
1. High of current candle should be higher than high of STBullCandle.
2. We can consider 1 or 2 candles after the STBullCandle for this condition.
3. If filterRsi is enabled, then we make an additional check of RSI being greater than the weighted moving average.
4. Should not be holding an existing long position
5. SuperTrend should be positive
Super Trend Bearish candle (STBearCandle) is a candle where high is higher than supertrend and close is lower than super trend.
Conditions for going Short -
1. Low of current candle should be lower than low of STBullCandle.
2. We can consider 1 or 2 candles after the STBearCandle for this condition.
3. If filterRsi is enabled, then we make an additional check of RSI being lower than the weighted moving average.
4. Should not be holding an existing short position
5. SuperTrend should be negative.
If holding long, EXIT LONG Position Criteria -
1. SL would be if close is lesser than the ST candle low
2. Direction of ST becomes Negative
3. If Reward to Risk ratio is given, then exit if target is achieved.
If holding short, EXIT SHORT Position Criteria -
1. SL would be if close is higher than the ST candle high
2. Direction of ST becomes +ve
3. If Reward to Risk ratio is given, then exit if target is achieved.
MA CloudMA Cloud - a highly configurable cloud for Moving Averages
Creates a cloud from max. 5 Moving Averages.
Users can freely decide, for each average wether it should be SMA,EMA or WMA and also for the time period.
They shades and colors can be freely chose for each combination of MA's, giving you a maximum freedom to configure your cloud.
Ultimate Moving Average [CC+RedK]The Ultimate Moving Average was created by myself and @RedKTrader and I can proudly say that this is the holy grail of moving averages. Not only does this moving average react to the current price trends like a normal moving average but we have also included the ability to react to volume, momentum, and volatility. The only thing this moving average can't do is wash your car.
The Ultimate Moving Average doesn't even use a set length so it is fully adaptable to any type of market whether it is choppy or trending. It tightens during volatile markets and loosens during choppy markets. I have included 3 of the main moving averages of a fixed length of 20 days to show you just how much better our moving average is.
The overall concept of this moving average was to fully adapt to any and all changes of the underlying stock. We used my Variable Power Weighted Moving Average as a base and changed the script to adapt to momentum instead. The idea behind this was when momentum reaches an extreme in either direction we tighten the moving average to be able to react accordingly. We then used the idea behind my Variable Length Moving Average to be able to react to volatility and make the length itself into a separate variable.
All of this work combined to create the most reactive moving average out there and I guarantee you will be using this in your daily trading! Let me know if there are any other scripts you would like to see me publish.
Ehlers Distance Coefficient Filter [CC]The Distance Coefficient Filter was created by John Ehlers and this is one of his more unknown moving averages. It works well because in an uptrend or downtrend it behaves more like a trailing stop system but it also deals with issues like pullbacks pretty quickly. I think it works well with the default values but let me know if you find a more profitable system. Buy when the indicator turns green and sell when it turns red.
Let me know if there are any other indicators you would like to see me publish!
RedK Slow_Smooth Average (RSS_WMA)RedK Slow Smooth Average (RSS_WMA) is based on simple, multi-WMA passes to generate a moving average that sacrifices low-lag and fast responsiveness for the sake of smoothness.
This smoothness enables an increased trader ability to visualize and track longer-term trends and removes the noise of smaller, relatively insignificant price fluctuations.
Notes:
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* RSS_WMA is deliberately built to be a "lazy line" - and it works in a different way to other common moving averages that attempt to achieve less lag and quicker responsiveness - the idea and the use scenario is to act as a "smooth base" when used against a faster moving average like the v_Wave of the Co_Ra Wave
* Note that the settings of this line is "Smoothness' and not "length" - the initial length used for the first WMA pass calculation is 1/3 of that smoothness value selected in the settings
* Increments in the combined smoothness value will be allocated first to 1st WMA pass, then 2nd WMA pass, then 3rd pass consecutively then back to 1st pass.
* because we utilize 3 WMA passes, a settings below 3 will have no effect on the line and it will just track the "source" price.
Suggested Use:
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- Use RSS_WMA when you're looking for a smooth moving average that can help you analyze you chart at a broader / macro level, visualize the broader price action patterns and filter out the noise from short-term moves. you can also use this line to help set your position exits since only major and persistent moves will cause this line, as lay as it is, to swing from one direction to the other.
How does RSS_WMA compare?
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here's a quick view of how the RSS_WMA compared to other commonly used Moving Averages, including my recently published CoRa_Wave
Code is commented - please feel free to use and customize further - please share a comment if you found this useful in your chart analysis or trading.
Directional Matrix [LuxAlgo]Returns a dashboard showing the direction taken by 4 overlay indicators, SMA (simple moving average), TMA (triangular moving average), WMA (weighted moving average), and REG (linear regression), all using different length periods.
The user can select the minimum and maximum length of these indicators and introduce an increment.
1. Settings
Maximum Length: The end value of sequences of the indicator periods to analyze
Minimum Length: The starting value of sequences of the indicator periods to analyze
Step: Determines the spacing between each indicator periods values
Src: Data source for each of the 4 indicators
1.1 Style settings
Normalized Change Mode: Allows the user to access a different interpretation of the indicator by showing the normalized first differences of each indicator in the dashboard instead of their sign
Dashboard Location: Location of the dashboard on the chart
Dashboard Size: Size of the dashboard on the chart
Text/Frame Color: Determines the color of the frame grid as well as the text color
Bullish Cell Color: Determines the color of cell associated with a rising indicator direction
Bearish Cell Color: Determines the color of cell associated with a decreasing indicator direction
Cell Transparency: Transparency of each cell
2. Usage
Each of the indicators included in the dashboard aim to give an estimate of the underlying trend in the price. Knowing which direction they are taking can help us have a broader view regarding the direction of shorter/longer-term trends. We will later see that this is not the only kind of information that we can get from this indicator.
Rising indicators are represented by blue cells (or the color selected in the Bullish Cell Color setting) while decreasing indicators are represented by red cells (or the color selected in the Bearish Cell Color setting).
The percentage of bullish cells is given in the top-left cell of the dashboard.
2.1 Normalized change mode
Enabling the Normalized Change mode will display the normalized changes returned by the indicators over different length periods. This metric is within a range (0,1), with 1 indicating the highest change over the selected length periods, while 0 indicates the lowest one.
When enabling this mode the color of the cells makes use of a gradient with a color palette ranging from the color selected in the Bearish Cell setting to the color selected in the Bullish Cell setting.
2.1 Other Usage
The direction taken by certain indicators can give more information than one would think. Indeed, the sign of the change of one indicator can often be given by different indicators.
A positive change in a simple moving average indicates that the price is greater than the price p bars ago, where p is the period of the simple moving average.
A positive change in a triangular moving average indicates that a simple moving average of period p is above a simple moving average of period p × 2 , where p is the period of the triangular moving average (note that we assume here that the TMA is given by cascading two SMAs of period p ).
A positive change in a weighted moving average indicates that the price is above a simple moving average of period p+1 , where p is the period of the WMA.
Finally, a positive change in a linear regression indicates that a weighted moving average is above a simple moving average of period p , where p is the period of the linear regression.
RedK_MAGicWAVe_v3: Improved Visual & Code RevampI have been planning to re-write the MAGicWAVe script for a long time, so here's a totally revamped version.
What is the MAGic WAVe ?
- this is one of my first indicators - and is a constant in my trading charts ...
- It's really a simple idea that plays with weighted moving averages (WMA) to produce a low-lag MAGnified Weighted Average (hence the name MAGic WAVe) - that enables me to better visualize how the momentum of the price move changes and when a change in trend is to be expected.
see link to the TA series below for more info.
- This simple concept can then be utilized in trading in a similar way to a basic MA Crossover approach, with the added benefit of the ability to magnify the trend moves
- you can also think of this as a MACD plotted on the price chart - in fact if you add a MACD to the chart and compare to the WAVe, you will see exactly what i mean.
What are the improvements in this new version
- better visualization, removed a lot of the clutter from previous versions
- the WAVe code was re-written to produce a "smoother" WAVe line.
note that the WAVe line in this version is also "lazier" than the previous version .. we need to set length to around 7 to match a 10 in v2 due to the increased lag caused by the smoothing.
- introduced the cloud fill to act as additional visual clue - introduced a WAVe "depth" variable - which will grow/shrink the fill area as preferred for improved visual.
- kept the optional slow EMA filter line set by default to 50EMA
here's a comparison of MAGic WAVe v3 (top panel) vs the older version (lower panel)
can be used with any timeframe and any instrument .. adjust settings as needed to suit the trader's own style.
- i'm not a big fan of alerts and always prefer "less signals" than "too many signals" in trading, so i don't think i will add alerts to this script in future.
Please feel free to use and comment. good luck!
Yusram Mount MaV - Day MaVYüsram Mount HO - Day HO
This indicator shows the comparison between the 7-day fast simple average and the monthly slow average of 5 bars. The red line indicates the monthly green and blue lines the daily average. If the Green-Blue line crosses the red upwards, it is a buy signal and the opposite is a sell signal. As soon as it turns green blue without waiting for the sell signal, a sell signal is created. If you are trading fast, you can consider turning green to blue as an opportunity. In the long run, the red intersection can be interpreted as a Stop point.
I hope it will be useful to everyone.
You can also find the strategy indicator with the same name.
I got the name of this indicator from my daughter's name. The meaning of the name Yüsra means "convenience". I hope this indicator will help you.
{Gunzo} Trend Sniper (WMA with coefficient)Trend Sniper is a trend-following indicator that sticks closer to the trend than others moving averages as it is using an upgraded weighted moving average implementation.
OVERVIEW :
It is typical to use a moving average indicator (SMA, EMA, WMA or TMA) to identify the trend of an asset. Standard moving averages indicators smooth the price and doesn’t stick very closely to the actual price, showing potential lagging information.
CALCULATION :
In order to have a trendline that sticks to the price, we are going to use a weighted moving average as it puts more weight on recent candles and less on past candles. The weight is usually calculated using the distance from current candle to the other candles used in the calculation. We have the following formula for the standard calculation as implemented in TradingView :
WMA_standard = (Price1 * Weight1 + …… + PriceN * WeightN)) / (Weight1 + …… + WeightN)
This “Trend Sniper” indicator uses an additional coefficient to alter even more the weight of each candle.
WMA_with_coefficient = (Price1 * (Weight1 - Coefficient) + …… + PriceN * (WeightN - Coefficient)) / ((Weight1 - Coefficient) + …… + (WeightN - Coefficient))
SETTINGS :
MA source : Source used for moving average calculation (ex : “close”)
MA length : Length of the moving average. Higher values will give a smoother line, lower values will give a more reactive line.
Use extra smoothing : Enable/disable usage of a EMA to extra smooth the line curve. If activated the indicator may be lagging, but it will also avoid many false buy/sell signals.
MA extra smoothing length : Length of the moving average of the extra smoothing.
Change candle colors : Enable/disable painting the candles of the chart with the colors of the weighted moving average.
Display buy/sell signals : Display buy/sell signals (circles) when the moving average is changing direction
VISUALIZATIONS :
This indicator has 3 possible visualizations :
Moving Average line : the line represents the weighted moving average that is following the price of the asset, when the line goes up we are in a uptrend (green line) when the line goes down we are in a downtrend (red line).
Candle coloring : the color of the moving average line can be applied to the candles of the chart for better readability.
Signals : Buy/Sell signals can be displayed at the bottom of the chart
USAGE :
This indicator can help analyze the trend directional changes :
First of all, if the moving average line is under the price (or above the price), then we can assume that the uptrend is strong (or downtrend is strong).
If the current candle crosses the moving average line, it is the first sign that the trend is weakening and possibly starting to revert.
If the weighted moving average is changing direction, then the trend change is confirmed and the color of the line changes
RSI-Trend FormationRSI Trend Formation uses RSI (9) along with 3 EMA and 21 WMA . 3 EMA and 21 WMA graphs have been plotted on RSI (9). RSI value above 50 will be considered as 'BUY' zone and RSI value below 50 will be considered as 'SELL' zone.
When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from above (that means both of these will go below RSI ), it is a Buy signal.
When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from below (that means both of these will go above RSI ), it is a Sell signal.
This is the best time of 3/5/15 min Time Frame for Intraday Traders..
(IK) Color Coded MAJust a simple Moving Average indicator. Choose between SMA, EMA, and WMA, set the length and the source. There are 3 color indicators that represent whether price is above or below the moving average:
- the moving average line itself
- the background of the chart (optional)
- the 'underglow' of price action (optional - set 'underglow strength' to 0 to turn off)
You can customize the colors
I wasn't planning on publishing this, because, again, it doesn't really do anything special, but I've been using it for a little bit now in place of regular MAs, and I really dig the visual effect of the underglow, so I thought I'd share.
Feel free to steal/modify this.
Erzurum Indicators (By DadashKadir)Erzurum Indicators (By DadashKadir)
An indicator in which you will keep track of the buying and selling movements by adding the movements of the three moving averages together. The parameters were determined as Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA) and Volume Weighted Moving Average (VWMA). Its constant value was taken as WMA. It is used to calculate the averages of 3 - 5 and 7. You can include the standard deviation (STDEV) in these moving averages.
The name of the indicator is taken from our city of Erzurum, the pearl of Eastern Anatolia.
Funding Rate for FTX:BTCPERP (estimated) v0.1 Original credits goes to @Hayemaker, and @NeoButane for the TWAP portions of this script
By @davewhiiite, 2021-03-27
Version 0.1
Summary: The funding rate is the interest charged / credited to a perpetual futures trader for taking a long or short position. The direction of the funding rate is used as an indicator of trader sentiment (+ve = bullish; -ve = bearish), and therefore useful to plot in real time.
The FTX exchange has published the calculation of their funding rate as follows:
TWAP((future - index) / index) / 24
The formula here is the same, but expresses it in the more common % per 8hr duration:
funding = TWAP((future / index) - 1) * (8 / 24) * 100
For reference: future refers to the FTX bitcoin futures contract price (FTX:BTCPERP) and index is the spot price of bitcoin on the exchange (FTX:BTCUSD)
Additional notes:
Probably best to add to the indicator to a new pane, or as secondary axis
Plot this in combination with FTX:BTCPERP or FTX:BTCUSD, or chart of your choice to complement your bitcoin dashboard
Compare to funding rates published on ViewBase
questions? Ask me!
Reivaj MA - PreSession This script contains 9 moving averages which can be changed each between "sma", "ema", "wma", "vwma.
The values of the moving averages are:
MMA20 = SMA20
MMA50 = SMA50
MMA100 = SMA100
MMA200 = SMA200
MMA300 = SMA300.
MMAextra1 = ema 8
MMAextra2 = ema21
MMAextra3 = sma400
MMAextra4 = sma500.
It has an Asian range that goes from 21: 00-07: 00 UTC which turns the color of the candle in green.
And pre-sessions that is one hour before the opening, the time of the opening and the hour after the opening of London and New York.
RR 3Software signal with a combination of Moving Average, Exponential Average, Hull Average, Volume weighted best combined with RR 1 & 2
NOTE: RR 3 is in beta Stage will update it once it is Final
Customizable MA RibbonAll credits to @Violent (www.tradingview.com) for making the original code! I just updated it by adding new features and themes!
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Lemon's Customizable MA Ribbon:
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A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.
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FEATURES
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MA TYPES: SMA , EMA , WMA, RMA, ALMA, VWMA, HMA
Editable length
Editable start
User defined number of plots to show (between 1 to 32 total plots)
Multiple color theme choices
A color smoothing option.
Thank you and happy trading!
with love,
-Lemon
Nirvana Trend ChannelThere are two kinds of channels involved in this indicator: the trend channel and momentum channel.
When the two channels are up, consider buying.
When the trend is up but the momentum is sideways or down, just wait, if the price comes back, above the momentum channel, you can buy.
When the two channels are sideways, don't trade.
When the two channel are down, consider selling.
When the trend is down but the momentum is sideways, just watch and wait, when the price goes below the momentum channel, sell.
When the trend is sideways and the momentum is down, don't trade.
Buying is the main option in an up trend and selling is the main option in a down trend.
The suggested timeframe for this indicator are 1H 4H 1D
Customization of this indicator:
You can change the color and the opacity of the channels
You can change the color of the labels, or hide it
Please send me private message if you need further tutorial or you want to get the authorization
Versions for Mate Trader 4, Mate Trader 5, and any other platform that supports custom indicators are available.
This script belongs to the author. If you need to use this indicator, you can send a private message to the author. You can also contact through the email in the signature information.
MA Multiplier with FibonacciThis implementation of the "2-Year MA Multiplier" gives you some control over the indicator, you can change the multiplier from it's default of 5, you can change the lookback from it's default of 730 days and I've also added three fibonacci traces between the moving average and it's multiple that you can play with. Oh and you can also choose the data source ('close' or 'hl2' make most sense).
The formula for this indicator was created by Philip Swift.
Thanks to @Pladizow for pointing me to this indicator.
