--------------------------------------------- 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.
------------ FEATURES ------------
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)
Do we install this code or is it already installed in Trading view? Thanks. This is so cool
KU13HAL
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Any way of having alerts when changing colour?
BreathingAmplitude
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@KU13HAL, it changes color all the time, as each MA crosses, when all have crosses your entry is too late.
The candle stick colors are changed by the Heiken Ashi built in indicator.