OPEN-SOURCE SCRIPT
Updated 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
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
Release Notes
Removed commented codeRelease Notes
- Added dynamic choice of SMA and EMA
- Added dynamic choice of support/resistance area
- Added dynamic choice of bullish/bearish market detenction
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.