This indicator is a combination of moving average and ATR indicators. The indicator stays pretty close to price and at the same time shows clear trend of asset/stock. It shows you when price is above the FantailVMA it indicates an uptrend and when price is below it indicates a downtrend otherwise.
Hope you find this indicator useful! Happy trading..
Hello Thank you very much for this script. It is really helpful. I would like to combine it with other scripts as I usually do. I have to set a fixed resolution on your script like H1 but I can't. Do you have any ideas to fix the resolution? Thank you
bixord
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@BlackMamba23, I'm not really sure what you mean by "resolution". What's the error message you're getting?
HomelessToRich
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@bixord, Thanks for the reply. Here an example of what I mean by resolution. res5 = input(title="Resolution", type=input.resolution, defval="5") htf_ma5 = sma(src, ma_len) out5 = security(syminfo.tickerid, res5, htf_ma5) outplot5 = plot(out5,color = color.new(color.red,0), offset=ma_offset,title="out5")