OPEN-SOURCE SCRIPT

Moving Averages Trend Filter

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A filter to determine the trend using moving averages.

Plotted as text on a different panel.

Different outputs:

- Bullish Trend
- Bearish Trend
- Sideways

You can use up to 4 MAs. Fill in the inputs in order, be it the first being the fastest and the last being the slowest.

You can change between EMAs and SMAs. You can activate/deactivate the MAs to be used as a filter and choose them .

There's an option of minimum bars to define the trend.

**If the pane is mixed with the indicators, move it below using right click.

Aviso legal

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