OPEN-SOURCE SCRIPT

MA Trend Dashboard

MA Trend Dashboard - Features
The MA Trend Dashboard is a versatile and user-friendly indicator designed to provide a comprehensive overview of market trends across multiple timeframes using moving averages (MAs). Here's what this script offers:

1. Dashboard Display
A compact and visually appealing dashboard is overlaid on the chart.
The dashboard displays the trend direction and deviation percentages for 30-minute, 1-hour, and 4-hour timeframes.
Users can position the dashboard in different locations (Top Right, Middle Right, or Bottom Right) and customize the text size (Tiny, Small, Normal).

2. Multi-Timeframe Trend Analysis
The script uses the concept of Multi-Timeframe (MTF) analysis to assess trends across:
30-minute (30m)
1-hour (1h)
4-hour (4h)
Each timeframe's trend is evaluated using the selected moving average method.

3. Customizable Moving Average Methods
Users can choose from various moving average calculation methods:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
SMMA (Smoothed Moving Average or RMA)
WMA (Weighted Moving Average)
VWMA (Volume-Weighted Moving Average)
This flexibility allows for tailored trend analysis based on the user's preferred methodology.

4. Visual Trend Indicators
Clear visual cues indicate the trend direction for each timeframe:
↑ (Up): Bullish trend.
↓ (Down): Bearish trend.
↘ (Weak Up): Mild bullishness.
↗ (Weak Down): Mild bearishness.
The background color of each cell dynamically changes based on the trend:
Green: Uptrend.
Red: Downtrend.

5. Deviation Percentage
The dashboard includes the percentage difference between the current price and the moving average for each timeframe.
Positive percentages are highlighted in green, and negative percentages in red.

6. Customization Options
Text Color: Allows users to adjust the color of the text displayed in the dashboard.
MA Length: Users can set the period for the moving averages (default is 50).

7. Dynamic Requests
Utilizes TradingView's dynamic_requests feature to ensure accurate real-time data across different timeframes without cluttering the chart.

Usage
This indicator is ideal for traders who want a quick and reliable snapshot of market trends across multiple timeframes. It is particularly suited for intraday and swing trading strategies, offering insights into price momentum and potential reversals.
Moving AveragesmultitimeframeTrend Analysis

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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