OPEN-SOURCE SCRIPT
Moving Average Panel
This indicator calculates many different moving averages and displays whether they are increasing or decreasing as a panel/table instead of a plot. Rows/columns can be removed from the table as needed in the options menu, there is also a mobile friendly/compact option as well as a location option.
Note: This script is large and may take a few moments to load.
Note: If there is not enough data, will default to bearish/decreasing.
Value Added
Note: This script is large and may take a few moments to load.
Note: If there is not enough data, will default to bearish/decreasing.
Value Added
- This is the most complete and transparent moving average panel/table indicator. Unlike things such as the Technical Ratings, you can see what components are increasing or decreasing.
- There may be some advantage in judging if a trend is likely to reverse or not based on the MA's with less lag.
- Good for quick screening of charts.
Open-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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