bjr117

Moving Average Multitool

bjr117 Pro+ Updated   
I made this script as a personal tool while backtesting multiple moving averages. It allows you to easily access and switch between different types of moving averages, without having to continuously add and remove different moving averages from your chart.

It also has the option to show the a 14 period average distance between the closing price of an asset and the selected moving average, as a multiple of ATR. This number can be shown by enabling the "Show ATR Between MA and Close" setting. The intention of this value is to quantify and compare the speed of different moving averages across any instrument and any timeframe. The higher the value, the slower the moving average. The lower the value, the faster the moving average.
Release Notes:
Credited the original authors of the moving average scripts I didn't make myself.
Release Notes:
Created a moving average crossover version of this script:
Release Notes:
Cleaned up code, corrected ALMA settings, and added ma-close crossover signals
Release Notes:
Fixed ATR lookback period input and corrected input titles.
Release Notes:
Corrected more input titles.
Release Notes:
Merged WWMA and RMA, since they result in a perfectly identical calculation. Cleaned up code.
Release Notes:
Added the HiLo Trend (HLT)
Release Notes:
Added the Tillson T3 (T3)
Release Notes:
Added the option to display standard deviation bands around the MA (same calculation as Bollinger Bands)
Added the option to show moving average slope change signals
Added the option to color the moving average based on either the price cross signal or slope change signal
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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