OPEN-SOURCE SCRIPT

Baseline - evo

Updated

Plots the high and low of your chosen moving average.

Options are:

SMA = Simple Moving Average
EMA = Exponential Moving Average
WMA = Weighted Moving Average
HMA = Hull Moving Average
VWMA = Volume Weighted Moving Average
RMA = Exponetial Weighted Moving Average
ALMA = Arnaud Legoux Moving Average

Unbox "Use Current Timeframe" to use chosen timeframe below

I mainly use this to get in and out of the market for futures trading, to reduce fake outs of having just one moving average line.

Let me know if you like it..

Inspired from LazyBear's EMAenvelope :)

Release Notes

UPDATE
- Added alert
- Added signals

Release Notes

UPDATE
- Added alert
- Added signals

Release Notes

Update
- Added offset
- Added signals and bar colors based on color of the lines (up or down)
- Added option to fill empty space between moving average and plot
- Added option to view one line(close) or two lines(high and low)

Release Notes

UPDATE
Made the indicator much simpler to use, that means I removed some functions..

Removed:
- Ability to choose what signals are based on (up/down color are still changeable in style tab, just not the signal labels)
- Offset
- Ability to fill ma's to candles
- High/Low closing source

Added:
- Baseline fill
- Background
- Option to choose repaint or not

Release Notes

UPDATE
- Fixed mtf error

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.

Want to use this script on a chart?

Disclaimer

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