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

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.

Want to use this script on a chart?