MA Analyses

A script for having two averages at the same time, a fast and a slow one (periods customizable by the user) and in order to analyze all the MA conditions of trend confirmation and crossovers.

The script provide the following information:

1) Buy/Sell alert when the fast MA crosses the slow MA through a cross on the chart and a Buy/Sell arrow on the chart
2) Bullish/Bearish trend confirmation through green/red area
3) Bullish/Bearish price crossovers through a circle on the chart and a Bullish/Bearish label
4) Support/Resistance areas through a blue area drawn on the chart
Mar 27
Release Notes: Removed commented code
Mar 31
Release Notes:
  • Added dynamic choice of SMA and EMA
  • Added dynamic choice of support/resistance area
  • Added dynamic choice of bullish/bearish market detenction
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