OPEN-SOURCE SCRIPT
Customizable MA Ribbon
All credits to Violent (tradingview.com/u/Violent/) for making the original code! I just updated it by adding new features and themes!
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Lemon's Customizable MA Ribbon:
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A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.
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FEATURES
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Thank you and happy trading!
with love,
-Lemon
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Lemon's Customizable MA Ribbon:
---------------------------------------------
A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.
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FEATURES
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- MA TYPES: SMA , EMA , WMA, RMA, ALMA, VWMA, HMA
- Editable length
- Editable start
- User defined number of plots to show (between 1 to 32 total plots)
- Multiple color theme choices
- A color smoothing option.
Thank you and happy trading!
with love,
-Lemon
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.