OPEN-SOURCE SCRIPT

Moving averages & clouds

2 586

Hi all!

This is a script that lets you have 3 moving averages (of a user defined type) and maybe have an alternative cloud (fill) between them. The cloud can be customized and turned on/off in the "style" tab for the indicator.

Alerts can be configured to fire on up/down/all crosses and are activated when the whole candle has crossed the morning average.

A higher time frame can be configured for the moving averages.

You can hide the moving average, but show the cloud:

snapshot

You can have multiple clouds:

snapshot

You can have moving averages from a higher time frame (here from weekly time frame on a daily chart):

snapshot

Best of trading luck!

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