Ridicoulous_MA - Multitimeframe MA that adapts to Trend
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Ridicoulous_MA
This is my very own creation of an MA that adapts to Trend strength! - It gets Thicker when Trend is weak and Thinner when Trend is Strong to help you Filter out Bad Trades I was looking for an MA that Adapts fast to sideway Markets to filter out Signals from Algos in Sidewaymarkets but couldnt find anything, So i decided to create my own
The MA is created Multitimeframe with close[1] so it does not repaint!
The MA gets Builded with Values from EMA or SMA from the Choosen Timeframe (you can decide to use SMA or MA Values for building it up) i personally prefer to build it on EMA.
Trade Below the MA for Short and Above the MA for long!
If you need the MA for a Bot or anything contact me and i can add an output for you if close above/below the MA then you can use it as an external Filter!
This is only the MA! no Strategy! but i still just did some test on very simple strategies for autotrade
In this screenshot i simulated entry on Crossover MA and close Above an EMA & Above Vwap