OPEN-SOURCE SCRIPT
Multi-Timeframe 5 Moving Averages
//version=5
indicator("Multi-Timeframe 5 Moving Averages", shorttitle="MTF MA x5", overlay=true)
// ============== MOVING AVERAGE 1 ==============
ma1_enabled = input(true, title="Enable MA1", group="Moving Average 1")
ma1_period = input.int(9, title="MA1 Period", minval=1, group="Moving Average 1")
ma1_type = input.string("EMA", title="MA1 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 1")
ma1_color = input(color.new(#FF6B35, 0), title="MA1 Color", group="Moving Average 1")
// ============== MOVING AVERAGE 2 ==============
ma2_enabled = input(true, title="Enable MA2", group="Moving Average 2")
ma2_period = input.int(20, title="MA2 Period", minval=1, group="Moving Average 2")
ma2_type = input.string("EMA", title="MA2 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 2")
ma2_color = input(color.new(#004E89, 0), title="MA2 Color", group="Moving Average 2")
// ============== MOVING AVERAGE 3 ==============
ma3_enabled = input(true, title="Enable MA3", group="Moving Average 3")
ma3_period = input.int(50, title="MA3 Period", minval=1, group="Moving Average 3")
ma3_type = input.string("SMA", title="MA3 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 3")
ma3_color = input(color.new(#F7931E, 0), title="MA3 Color", group="Moving Average 3")
// ============== MOVING AVERAGE 4 ==============
ma4_enabled = input(true, title="Enable MA4", group="Moving Average 4")
ma4_period = input.int(100, title="MA4 Period", minval=1, group="Moving Average 4")
ma4_type = input.string("SMA", title="MA4 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 4")
ma4_color = input(color.new(#1E88E5, 0), title="MA4 Color", group="Moving Average 4")
// ============== MOVING AVERAGE 5 ==============
ma5_enabled = input(true, title="Enable MA5", group="Moving Average 5")
ma5_period = input.int(200, title="MA5 Period", minval=1, group="Moving Average 5")
ma5_type = input.string("EMA", title="MA5 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 5")
ma5_color = input(color.new(#43A047, 0), title="MA5 Color", group="Moving Average 5")
// ============== FUNCTION TO CALCULATE MA ==============
calcMA(period, maType, source) =>
switch maType
"SMA" => ta.sma(source, period)
"EMA" => ta.ema(source, period)
"WMA" => ta.wma(source, period)
=> ta.sma(source, period)
// ============== CALCULATE MOVING AVERAGES (CHART TIMEFRAME ONLY) ==============
ma1_value = calcMA(ma1_period, ma1_type, close)
ma2_value = calcMA(ma2_period, ma2_type, close)
ma3_value = calcMA(ma3_period, ma3_type, close)
ma4_value = calcMA(ma4_period, ma4_type, close)
ma5_value = calcMA(ma5_period, ma5_type, close)
// ============== PLOT MOVING AVERAGES ==============
plot(ma1_enabled ? ma1_value : na, title="MA1", color=ma1_color, linewidth=2)
plot(ma2_enabled ? ma2_value : na, title="MA2", color=ma2_color, linewidth=2)
plot(ma3_enabled ? ma3_value : na, title="MA3", color=ma3_color, linewidth=2)
plot(ma4_enabled ? ma4_value : na, title="MA4", color=ma4_color, linewidth=2)
plot(ma5_enabled ? ma5_value : na, title="MA5", color=ma5_color, linewidth=2)
indicator("Multi-Timeframe 5 Moving Averages", shorttitle="MTF MA x5", overlay=true)
// ============== MOVING AVERAGE 1 ==============
ma1_enabled = input(true, title="Enable MA1", group="Moving Average 1")
ma1_period = input.int(9, title="MA1 Period", minval=1, group="Moving Average 1")
ma1_type = input.string("EMA", title="MA1 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 1")
ma1_color = input(color.new(#FF6B35, 0), title="MA1 Color", group="Moving Average 1")
// ============== MOVING AVERAGE 2 ==============
ma2_enabled = input(true, title="Enable MA2", group="Moving Average 2")
ma2_period = input.int(20, title="MA2 Period", minval=1, group="Moving Average 2")
ma2_type = input.string("EMA", title="MA2 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 2")
ma2_color = input(color.new(#004E89, 0), title="MA2 Color", group="Moving Average 2")
// ============== MOVING AVERAGE 3 ==============
ma3_enabled = input(true, title="Enable MA3", group="Moving Average 3")
ma3_period = input.int(50, title="MA3 Period", minval=1, group="Moving Average 3")
ma3_type = input.string("SMA", title="MA3 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 3")
ma3_color = input(color.new(#F7931E, 0), title="MA3 Color", group="Moving Average 3")
// ============== MOVING AVERAGE 4 ==============
ma4_enabled = input(true, title="Enable MA4", group="Moving Average 4")
ma4_period = input.int(100, title="MA4 Period", minval=1, group="Moving Average 4")
ma4_type = input.string("SMA", title="MA4 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 4")
ma4_color = input(color.new(#1E88E5, 0), title="MA4 Color", group="Moving Average 4")
// ============== MOVING AVERAGE 5 ==============
ma5_enabled = input(true, title="Enable MA5", group="Moving Average 5")
ma5_period = input.int(200, title="MA5 Period", minval=1, group="Moving Average 5")
ma5_type = input.string("EMA", title="MA5 Type", options=["SMA", "EMA", "WMA"], group="Moving Average 5")
ma5_color = input(color.new(#43A047, 0), title="MA5 Color", group="Moving Average 5")
// ============== FUNCTION TO CALCULATE MA ==============
calcMA(period, maType, source) =>
switch maType
"SMA" => ta.sma(source, period)
"EMA" => ta.ema(source, period)
"WMA" => ta.wma(source, period)
=> ta.sma(source, period)
// ============== CALCULATE MOVING AVERAGES (CHART TIMEFRAME ONLY) ==============
ma1_value = calcMA(ma1_period, ma1_type, close)
ma2_value = calcMA(ma2_period, ma2_type, close)
ma3_value = calcMA(ma3_period, ma3_type, close)
ma4_value = calcMA(ma4_period, ma4_type, close)
ma5_value = calcMA(ma5_period, ma5_type, close)
// ============== PLOT MOVING AVERAGES ==============
plot(ma1_enabled ? ma1_value : na, title="MA1", color=ma1_color, linewidth=2)
plot(ma2_enabled ? ma2_value : na, title="MA2", color=ma2_color, linewidth=2)
plot(ma3_enabled ? ma3_value : na, title="MA3", color=ma3_color, linewidth=2)
plot(ma4_enabled ? ma4_value : na, title="MA4", color=ma4_color, linewidth=2)
plot(ma5_enabled ? ma5_value : na, title="MA5", color=ma5_color, linewidth=2)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.