Moving Average Strategy

Moving Average Strategy Indicator

A comprehensive EMA strategy tool to identify market trends with the following setup parameters:

1. Display EMA for current chart time period with graphical overlay showing fill colors for positive/negative correlation (defaulted to 50 for Fast EMA/200 for Slow EMA)
2. Overlay background time frame to show correlation with EMA on different time frame than chart value (defaulted to hourly).
3. Display BB bands with customization as well as a BB Band Cross Up and Cross down test (shows unusual and fast moving market activity by marking BB band intercept with symbol).
4. Display VWAP.

I use this tool primarily with the following configuration:

Daily charts
Fast EMA - 50
Slow EMA - 200

BG Time Frame - Weekly
BG Fast EMA - 3
BG Slow EMA - 9

BB Length - 20
BB Deviation - 4

BG Fast/Slow Crossover enabled
BG Fast/Slow Crossunder enabled

BB Dev Cross Up Test enabled
BB Dev Cross Down Test enabled

Configuration issues:
For some reason there are plot values that cannot be set to absolute. I need to dig deeper into that and will plan to post it out when I resolve the issue. I just set the values to above and below to mitigate for that.