Zeiierman

MA(Average) – Signal (Expo)

MA(Average) – Signal (Expo)

DESCRIPTION

This indicator is based on a weighted moving average to generate Long and Short Signals.

The idea is that the weighted moving average has the ability to respond quickly to price reactions. If the averages respond is too quick or bold a signal is generated.


HOW TO USE

1. Since the indicator does not distinguish between Long and Short signals, you have to determine by yourself if the signal is a Long or a Short.

• This is easily done by looking at the price chart.

2. When a signal appears, consider Enter the market.

3. Combine with other indicators to confirm the signal.


INDICATOR IN ACTION


BTCUSD


GOLD


EURJPY



I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes!

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Zeiierman for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

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Comments

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