OPEN-SOURCE SCRIPT
Customizable MTF Multiple Moving Averages

Title:
Customizable Multiple Moving Averages with Dynamic Colors
Description:
This script allows you to calculate up to three customizable moving averages, offering the flexibility to choose from multiple moving average types:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
SMMA (Smoothed Moving Average)
Key Features:
Separate Timeframe for Each Moving Average:
Each moving average can be calculated on a different timeframe. For instance, you can display a 1D moving average while working on a 4H chart.
Dynamic Colors:
Moving averages dynamically change color based on their trend:
Uptrend Color: When the moving average is increasing compared to the previous bar of its timeframe.
Downtrend Color: When the moving average is decreasing.
Full Customization:
Length: Adjust the period for each moving average.
Source: Choose any price data source (e.g., close, open, high, low).
Colors: Set custom colors for uptrend and downtrend behavior.
Perfect For:
Multi-Timeframe Trend Analysis:
Observe trends from higher timeframes without switching your current chart.
Crossover Strategies:
Combine multiple moving averages to identify entry and exit signals.
How to Use:
Load the Script: Apply it to your chart.
Configure Inputs: Adjust each moving average's settings from the input panel.
Analyze Trends: Visualize dynamic trend movements with easy-to-identify colors.
Example Configuration:
Set MA1 to a 50-period EMA on a 4H timeframe.
Set MA2 to a 100-period SMMA on a 1D timeframe.
Set MA3 to a 200-period VWMA on a 1W timeframe.
Customizable Multiple Moving Averages with Dynamic Colors
Description:
This script allows you to calculate up to three customizable moving averages, offering the flexibility to choose from multiple moving average types:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
SMMA (Smoothed Moving Average)
Key Features:
Separate Timeframe for Each Moving Average:
Each moving average can be calculated on a different timeframe. For instance, you can display a 1D moving average while working on a 4H chart.
Dynamic Colors:
Moving averages dynamically change color based on their trend:
Uptrend Color: When the moving average is increasing compared to the previous bar of its timeframe.
Downtrend Color: When the moving average is decreasing.
Full Customization:
Length: Adjust the period for each moving average.
Source: Choose any price data source (e.g., close, open, high, low).
Colors: Set custom colors for uptrend and downtrend behavior.
Perfect For:
Multi-Timeframe Trend Analysis:
Observe trends from higher timeframes without switching your current chart.
Crossover Strategies:
Combine multiple moving averages to identify entry and exit signals.
How to Use:
Load the Script: Apply it to your chart.
Configure Inputs: Adjust each moving average's settings from the input panel.
Analyze Trends: Visualize dynamic trend movements with easy-to-identify colors.
Example Configuration:
Set MA1 to a 50-period EMA on a 4H timeframe.
Set MA2 to a 100-period SMMA on a 1D timeframe.
Set MA3 to a 200-period VWMA on a 1W timeframe.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。