Alpha Silver - Range MA

The Range MA is built off of algebraic formulas, using a reliable and reactive averaging methodology we have been able to develop. It should create consistency across most if not all markets and timeframes.

  • This is indicator #1 in the ALpha Silver suite used for determination of trend and momentum.
  • The menu contains an input showing its current version, this is for users that have notifications turned off from TradingView and do not get updates of us pushing updates. They are able to reference this against the constantly updated version list we have within our Discord If they are encountering any issues. This is in place after having numerous users find issues that were already patched but had not updated their current version.

📊 Features:
  • Adjustable Lookback length, changing this will take into account more/less prior data in its formula.
  • Choice of source type used for crossover confirmation of trend.
  • Green bar color represents a uptrend.
  • Red bar color represents a downtrend.

For info on gaining access see the ⬇ link below ⬇ in our signature field to join our Discord and direct message any of the Alpha TEAM members.
Release Notes: Changes:

  • Adjusted the formula in use

  • Changed What input is adjustable for the user which should lead to less uncertainty
Release Notes: Added the ability to plot directional Background color similar to most of my other MA type indicators as per a users request :)
Release Notes: Updated Input menu for ease of use.
Alerts functionality built-in.
Formula overhaul.

Pushing this update now but I may be doing another update in the next couple days after getting feedback from the userbase. :)
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