Quadruple Exponential Moving Average (QEMA)This type of moving average was originally developed by Bruno Pio in 2010. I just ported the original code from MetaTrader 5.
Quadruple
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.
Triple SMA and EMA [MA using days, regardless of candle period]Those moving averages are calculated from the Day candlesticks, regardless of whether the chart is using 5min, 45min, 2H...
So your 200MA is always the 200-day moving average.
Script can show up to 4 SMA and 4 EMA all in one indicator in TV.
By default the SMAs and EMAs are 50d, 100d and 200d. A fourth is available in the preferences if you enable it.
Quadruple SMA + quadruple EMA8 moving averages in one indicator. There are 4 simple MA and 4 EMA, that you can disable individually.
It can be a bit overwhelming so I will publish a 3+3 variant shortly.
