Custom BB + MA Indicator This indicator combines Bollinger Bands (BB), Moving Averages (MA), and an Exponential Moving Average (EMA) to provide a comprehensive view of market trends and price volatility.
Features: Bollinger Bands (BB):
Configurable period and standard deviation. Displays upper, lower, and midline bands with customizable colors and widths. Moving Averages (MA):
Includes 5-period and 10-period Weighted Moving Averages (WMA) for both highs and lows. Customizable colors and line widths for better visualization. Exponential Moving Average (EMA):
Includes a 50-period EMA with customizable settings. Usage: Use Bollinger Bands to gauge price volatility and identify potential breakout or reversal points. Use Moving Averages for trend direction and short-term price movements. Use the EMA for a smoother trend analysis and long-term direction. This indicator is fully customizable, allowing traders to adjust the settings to fit their trading strategies and preferences. Perfect for technical analysis of any market.