OPEN-SOURCE SCRIPT
Multiple MTF Variable Moving Average by Hassonya
VMA(Variable Moving Average) automatically adjusts its smoothing constant on the basis of Market Volatility.
Use VMA like other Moving Averages. This indicator lazybear's variable moving average has been upgraded and arranged in multi-time frame.
There are 5 variable moving averages whose periods can be changed.
Trend Direction Colors: GREEN COLOR = UpTrend, BLUE COLOR = Potential Congestion, RED COLOR = DownTrend.
If you want, you can use multi-time frame period breakouts
If you want, you can use moving average breakouts of different lengths in the same period.
In this way, you can use 5 moving moving averages in the same period or in different periods.
To activate, go to settings and activate the box to the left of the name. If you uncheck the box, the moving average will disappear.
Stay with the trade and investment. I wish you abundance.
Use VMA like other Moving Averages. This indicator lazybear's variable moving average has been upgraded and arranged in multi-time frame.
There are 5 variable moving averages whose periods can be changed.
Trend Direction Colors: GREEN COLOR = UpTrend, BLUE COLOR = Potential Congestion, RED COLOR = DownTrend.
If you want, you can use multi-time frame period breakouts
If you want, you can use moving average breakouts of different lengths in the same period.
In this way, you can use 5 moving moving averages in the same period or in different periods.
To activate, go to settings and activate the box to the left of the name. If you uncheck the box, the moving average will disappear.
Stay with the trade and investment. I wish you abundance.
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.