The moving averages are generally used as dynamic supports and resistances as well as to determine the trend, so if the price is above its average it is called an uptrend and otherwise a downtrend.
The crossing of MA if used to confirm a trend and not as a signal because the moving averages react slowly depending on the type of MA and the periods we are analyzing.
Indicator Functions:
- It allows to display 4 MA at the same time.
- You can use several types of moving averages: SMA, EMA, DEMA, WMA, VWMA, HullMA, TMA, SSMA, SMMA.
- Shows the crossing points of the MA's.
- Multimeframe: so you can visualize the behavior of MA's in different timeframes without changing timeframe.
- Alerts for when crosses occur.
Same chart with 1 week timeframe MA enable
Release Notes
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V 2.0
- Now labels show the timeframe and period of each and calculation of each MA, This allows you to share your analysis more easily without needing to identify each MA in the chart.