Quad MAFor a dive into the fine details, see the source code/documentation.
Quad MA is a program designed to allow a wide range of flexibility in overlaying multiple moving averages onto a chart.
This program handles the ability to:
- Overlay Up to 4 moving averages on the chart.
- Change the length of each moving average.
- Adjust optional values for special moving averages
(least squares and Arnaud Legoux)
- Change the color for each moving average.
- Change the type of each moving average individually.
- Change the visibility of each moving average.
- Change the source of the moving averages.
- Set alerts for a cross between any two moving averages.
QUAD
4 EMA PlotCommonly used to identify a Bull Market, the 21, 55, and 100 Daily EMA along with the 200 SMA need to line up. This script will plot these as well as identify a short-term 21/55 cross. Useful if you have a limit on indicators and need the 4. They can be customized to your settings.
Quadruple Kaufman Adaptive Moving AverageFour Kaufman Adaptive Moving Averages in one script. Useful for identifying trends and setting points to add to positions / exit trades. KAMA's are great for keeping you in trending markets and avoiding sideways chops and ranges. Try them out by tweaking the fast/slow ma's and lengths to get the right set for your charts that removes the thinking about whether to be long or short and when to add to positions.
A suggested trading strategy is to tweak the ma's (often you'll want larger values) until they span the price action well on past trends. Then each time price action closes and crosses one of your KAMA lines is an opportunity to add to your position. Once all lines are cleared and you've loaded up your position, hopefully your average price of entry falls short of the highest KAMA line's value. Once this happens you don't need to get out the trade until such time as a price close crosses again that largest KAMA line. For eager profit takers, close positions once any KAMA line is crossed once you're successfully loaded up on a direction.
I use this script with a renko chart and values -> 26 length 6 fast ma 100 slow ma, 26 8 100, 26 10 100, 26 12 100 and it's good to see these moving averages, unlike regular moving averages, bend around choppy action that come when trends pause, keeping me successfully in winning trades. Give it a try.
Quadruple Moving Averages For Day TradingQuadruple Moving Averages For Day Trading Crypto
Inputs of 8,13,21,55
Based on chart used by Philakone.
