PROTECTED SOURCE SCRIPT
Multi Moving Averages @Hendo 4C (14 Types)
Updated
A script containing 14 different types of Moving Averages, a total of 4 can be added per chart (allowing multiple Moving Averages under a smaller TradingView plan).
It also comes with: Adaptive coloring, settings for the source of calculations, customizable colors and lengths. Most importantly, as mentioned: 14 different types found below.
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Double Exponential Moving Average (DEMA)
Triple Exponential Moving Average (TEMA)
Running Moving Average (RMA)
Kaufman's Adaptive Moving Average (KAMA)
Hull's Moving Average (HMA)
Least Square Moving Average (LSMA)
Weighted Moving Average (WMA)
A. Legoux Moving Average (ALMA)
Volume Weighted Moving Average (VWMA)
Symetrically Weighted Moving Average (SWMA)
Smoothed Moving Average (SMMA)
Elastic Volume Weighted Moving Average (eVWMA)
The goal of creating this script was to allow people with a small TradingView subscription to have access to multiple Moving Averages. Of course it’s not unique in that use case, the thing that makes this script is unique is the fact that it comes with 14 different Moving Averages that can be selected independently. You want a RMA paired with 2 EMA’s and one HMA? Go ahead!
I’m open to add any requests that you guys might have. Feel free to ask so in the comments.
Check out my “Volatility Stop Loss Helper” too! And happy trading.
Last: I think it’s pretty clear to say that this was not “my idea” to build. But I found most of the similar scripts available pretty lacking in terms of settings and additions.
{{Settings overview}}
“Adaptive Colouring”: If enabled the Moving Average colours will be determined by their relation to price. If price is above the Moving Average it’s green, and red if price is below.
“Plot First MA”: Disable or enable the first moving average
“Moving Average Type 1”: The type of Moving Average that the first MA should be. 14 choices.
“Moving Average Length 1”: The length of the first Moving Average.
“Source of Calculation MA1”: The source that is used to calculate the Moving Average. Default is “Close”.
“Plot Second MA”: Enable if you want to use 2 Moving Averages
Settings are the same as described above. But then for the second MA.
“Plot Third MA”: Enable if you want to use 3 Moving Averages
Settings are the same as described above. But then for the third MA.
“Plot Fourth MA”: Enable if you want to use 4 Moving Averages
Settings are the same as described above. But then for the fourth MA.
It is recommended to click the little left arrow to hide your indicators in the top corner while using this indicator. Due to the length of the settings menu.
Settings can be added due to requests. Please check the update notes below:
It also comes with: Adaptive coloring, settings for the source of calculations, customizable colors and lengths. Most importantly, as mentioned: 14 different types found below.
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Double Exponential Moving Average (DEMA)
Triple Exponential Moving Average (TEMA)
Running Moving Average (RMA)
Kaufman's Adaptive Moving Average (KAMA)
Hull's Moving Average (HMA)
Least Square Moving Average (LSMA)
Weighted Moving Average (WMA)
A. Legoux Moving Average (ALMA)
Volume Weighted Moving Average (VWMA)
Symetrically Weighted Moving Average (SWMA)
Smoothed Moving Average (SMMA)
Elastic Volume Weighted Moving Average (eVWMA)
The goal of creating this script was to allow people with a small TradingView subscription to have access to multiple Moving Averages. Of course it’s not unique in that use case, the thing that makes this script is unique is the fact that it comes with 14 different Moving Averages that can be selected independently. You want a RMA paired with 2 EMA’s and one HMA? Go ahead!
I’m open to add any requests that you guys might have. Feel free to ask so in the comments.
Check out my “Volatility Stop Loss Helper” too! And happy trading.
Last: I think it’s pretty clear to say that this was not “my idea” to build. But I found most of the similar scripts available pretty lacking in terms of settings and additions.
{{Settings overview}}
“Adaptive Colouring”: If enabled the Moving Average colours will be determined by their relation to price. If price is above the Moving Average it’s green, and red if price is below.
“Plot First MA”: Disable or enable the first moving average
“Moving Average Type 1”: The type of Moving Average that the first MA should be. 14 choices.
“Moving Average Length 1”: The length of the first Moving Average.
“Source of Calculation MA1”: The source that is used to calculate the Moving Average. Default is “Close”.
“Plot Second MA”: Enable if you want to use 2 Moving Averages
Settings are the same as described above. But then for the second MA.
“Plot Third MA”: Enable if you want to use 3 Moving Averages
Settings are the same as described above. But then for the third MA.
“Plot Fourth MA”: Enable if you want to use 4 Moving Averages
Settings are the same as described above. But then for the fourth MA.
It is recommended to click the little left arrow to hide your indicators in the top corner while using this indicator. Due to the length of the settings menu.
Settings can be added due to requests. Please check the update notes below:
Release Notes
Small launch update.
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.