OPEN-SOURCE SCRIPT
Triple Weekly Moving Average

Triple Weekly Moving Average
The default settings plot 3 weekly moving averages [SMA] for 13, 26 and 52 weeks, for analyzing Short (Quarterly), Medium (Semester) and long term (Yearly) view.
Idea is when the three moving averages are aligned, the security is in trend and when they crisscross the security may be either turning, slowing down or stalling, however, this must be correlated with other studies.
Started observing half yearly moving average after reading Stan Weinstein's Secrets For Profiting in Bull and Bear Markets.
The settings of the indicator are pretty self explanatory. The indicator gives an option to select lookahead, however, change it only when you are well aware of the consequences, the default setting is Turned Off, please follow TV user guide for a detailed explanation on lookahead. I added it as I was plotting this script on Daily timeframe and wanted to observe the changes.
The default settings plot 3 weekly moving averages [SMA] for 13, 26 and 52 weeks, for analyzing Short (Quarterly), Medium (Semester) and long term (Yearly) view.
Idea is when the three moving averages are aligned, the security is in trend and when they crisscross the security may be either turning, slowing down or stalling, however, this must be correlated with other studies.
Started observing half yearly moving average after reading Stan Weinstein's Secrets For Profiting in Bull and Bear Markets.
The settings of the indicator are pretty self explanatory. The indicator gives an option to select lookahead, however, change it only when you are well aware of the consequences, the default setting is Turned Off, please follow TV user guide for a detailed explanation on lookahead. I added it as I was plotting this script on Daily timeframe and wanted to observe the changes.
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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。
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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。