Features - 4 MAs in one indicator - User changeable period for each MA - SMA/EMA user selectable option for each MA - Source is set to close and cannot be changed.
Features - 7 MAs in one indicator - User changeable period for each MA - SMA/EMA user selectable option for each MA - Source (close,open,high,low etc) user selectable option for each MA
Can be used in various timeframe, most popular one hourly and daily.
Republished: The original script violated house rules by including an external link to Backtest Rookies. Background This is a simple “multi” SMA indicator so that multiple SMA’s can be monitored whilst only using a single indicator slot. It also has a couple of features that let you mix time frames and de-clutter the chart. The code is open for anyone to...