OPEN-SOURCE SCRIPT
MG - Multiple Moving Averages & Candle Wick Alerts - 1.0
Features:
- Each moving average has customizable length, type and source
- The ability to change the source of all moving averages with one input (changing an individual MA source will override the general for that MA)
- At a glance comparison of 20 SMA and 20 VWMA to gauge volume trend
- Wick alerts which can be toggled for each moving average.
- Bullish wick alerts are when the wick is the only part of the candle to drop below the moving average
- Bearish wick alerts are when the wick is the only part of the candle to reach above the moving average
- Simple candle closed alert if you want a notification, for example each hour.
Defaults: Four SMAs (20, 50, 100, 200) and a 20 VWMA .
Recommended Usage:
- Set the general source (sets the source of all moving averages) to 'low' when in an uptrend and 'high' in a downtrend to maximize Risk : Reward.
- Use Fibonacci levels, oscillators .etc for confluence
NOTE: The moving average component of this indicator is the same as the previous indicator (tradingview.com/script/JV2WLRcM-Indicator-Multiple-Moving-Averages-1-0/)
- Each moving average has customizable length, type and source
- The ability to change the source of all moving averages with one input (changing an individual MA source will override the general for that MA)
- At a glance comparison of 20 SMA and 20 VWMA to gauge volume trend
- Wick alerts which can be toggled for each moving average.
- Bullish wick alerts are when the wick is the only part of the candle to drop below the moving average
- Bearish wick alerts are when the wick is the only part of the candle to reach above the moving average
- Simple candle closed alert if you want a notification, for example each hour.
Defaults: Four SMAs (20, 50, 100, 200) and a 20 VWMA .
Recommended Usage:
- Set the general source (sets the source of all moving averages) to 'low' when in an uptrend and 'high' in a downtrend to maximize Risk : Reward.
- Use Fibonacci levels, oscillators .etc for confluence
NOTE: The moving average component of this indicator is the same as the previous indicator (tradingview.com/script/JV2WLRcM-Indicator-Multiple-Moving-Averages-1-0/)
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.