Sometimes you want to have multiple moving averages in the graph to evaluate your operation. Here is my alternative for this need and I´m glad to share with you. This script also has some pivot indicators and can be a good start point to you extend its features.
This strategy has been published for a Pyramiding tutorial on the Backtest Rookies website. For a full overview of the code and an introduction to Pyramiding check out our site. Summary The code example will create a simple script that allows us to average down whenever our portfolio is down x%. The idea will be to bring our average cost down so that we can...
This is a simple yet very flexible moving average script. There are more than few moving average scripts out there but non of them are as flexible as this one. This script lets you have seven different moving averages. Each moving average can be set separately, each can : 1- switch the moving average between EMA and SMA 2- set the flat percentage, this setting...
Golden cross when 50SMA crosses 200SMA. Can be used for any market. Day time frame is ideal.
Plot of the distance from the 200ma. Helpful to identify areas where max distance from the 200ma caused a drop down or jump up to the mean
Though this script is by me, the original idea comes from a podcast I heard where Trace Mayer talks about how he does crypto valuation. It is based on current price against the 200 day moving average. This indicator script will simply plot that value as a label overlayed on your trading view chart. Best long term results occur when acquiring BTC when the...
Simple modification to an existing script that allows for configurable MA lookback-lengths
Allows you to have three simple moving averages in one indicator.
Allows you to have three simple moving averages in one indicator
Provides the 6 moving averages @ChartVampire uses in a single indicator
Provides 7 moving averages having to use 7 indicators individually
Long Entry Criteria: 1) Green candle close above 50MA 2) Green candle close above 20MA 3) MA of RSI(14) is cross upward 50 Result: displays green up arrow Long Exit Criteria: 1) Three red candles in a row 2) Any candle close bellow 20MA 3) MA of RSI(14) cross downward 50 Result: displays green diamond Short Entry 1) Red candle close bellow 50MA 2) Red candle...
4 Moving averages contained in one indicator. Based on the recommendation of Alessio Rastani in this video. It includes the 21, 55 & 100 EMAs and the 200 SMA. I have also included the close for using setting up "cross" alerts with each of the MAs.
My attempt to replicate the functionality of the 'LT Pulse' based on information available in Alessio Rastani videos.