LonesomeTheBlue

Trend Following MAs 3D

Hello All,

This is Moving Averages Trend Following 3D indicator. The idea is based on direction of MAs and relation between 20 moving averages (5 to 100 period).

Option to show different type of MAs: EMA , SMA , RMA, WMA , VWMA .

As I haved tested it looks succesful at calculating trend direction and trend strength.

For a better look I tried to make it 3D, it looks good I think, waiting comments ;)


Some screenshots:

By using RMA type:


When it gets tiny it means there is no trend:


An example for down trend:


ENJOY!
Release Notes: transp removed

Open-source script

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