Simply put, MA(X) + Forecasting is a moving average cross visualizer which allows the end-user to enter two user defined moving averages, each with their own length, source, and type, to create the visualized ribbon, as well as the option for an additional three separate moving averages, all with their own length, source, and type enabling MA(X) the flexibility to be used for any one of your favorite moving average strategies or in conjunction with another for added confluence.
Additionally, MA(X) also has a built in moving average ‘Forecasting’ feature, which calculates and projects the trajectory of each moving average. For added flexibility, the forecasting feature has 4 bias settings, (Neutral, Bullish, Bearish, Auto). The first three bias settings are rather self explanatory, and the “Auto” bias setting will in a nutshell automatically determine the current market cycle, and then apply the correct bias setting to use.
By default, the indicator is setup with the settings for the Daily SMA strategy ’10 SMA + 22 SMA’ as well as the Daily EMA+SMA strategy “21 EMA”, but can be used on any timeframe with any settings needed.
Enjoy!
Additionally, MA(X) also has a built in moving average ‘Forecasting’ feature, which calculates and projects the trajectory of each moving average. For added flexibility, the forecasting feature has 4 bias settings, (Neutral, Bullish, Bearish, Auto). The first three bias settings are rather self explanatory, and the “Auto” bias setting will in a nutshell automatically determine the current market cycle, and then apply the correct bias setting to use.
By default, the indicator is setup with the settings for the Daily SMA strategy ’10 SMA + 22 SMA’ as well as the Daily EMA+SMA strategy “21 EMA”, but can be used on any timeframe with any settings needed.
Enjoy!