MA with options — Indicator by degendcrypto

movingaverage emacrossover movingaveragetype

5 Types of Moving Averages have been combined into the script. The user has the liberty to select the length of the MA and the MA type (SMA, EMA, WMA, VWMA, RMA) of his/her choice.

Release Notes:

I have just updated my first practice code by adding MA crossover for MA2 and MA3 with buy and sell signals.

Release Notes:

The Default value for the first three moving averages have been modified into EMA. Since EMA provides the recent data and updates faster as compared to the SMA it can be used to identify trends better.
The EMA crossover is between EMA 21 (MA2_type) and EMA 34 (MA3_type). The values can be modified and backtested according to the users wish.
The Sell Signal triangle down arrow was green in color and it has been modified to red by default.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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