The indicator has 15 different options that form the basis of the moving average. What options are these?
- LAGMA - Laguerre Moving Average
- HULLMA -
- EHMA - Exponential
- ETMA - Exponential Triangular Moving Average
- SSMA - Super-Smoother Moving Average
- - Moving Average
- STMA - Triangular Moving Average
- ZEMA - Zero-Lag
With the simplest logic, you can use it as buy when the price closes on the band, and sell when the price closes below the band.
Vertical lines and background guide you in the buying/selling trend changes in the indicator settings.
Thanks for support
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.