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(11) Master Moving Average VS-168
Moving Averages have been a staple of technical traders for a lot longer than computers have been available to accomplish the calculations. Luckily today we are able to easily produce very sophisticated, reactive moving averages using multiple algorithms designed by individuals with different backgrounds, talents and skill sets. The Master Moving Average Envelope calculates 9 distinct moving averages and then utilizes a knockout scoring system to produce a single combined score between -10 and +10. When we refer to a knockout scoring system, it simply means that if one of these indicators is positive and one is negative they cancel each other out. The majority of the survivors wins and that calculated total produces the MMAE dot's score and determines the dots location on the MMAE indicator chart.
The envelope refers to the area produced by multiple moving averages of different lengths. When you have a short time frame and a long time frame the two lines will contain between them, the majority of the candles. The area between these two lines is the, "envelope" and it allows us to stay in a trade during a pre-determined amount of volatility. This keeps us in trades when the stock might be experiencing short term counter trend trading action. As these two lines converge as the stocks price changes direction the envelope become smaller and smaller until it disappears briefly as the stock price changes direction. The center line of this indicator indicates a turning point in the price action where the envelope has become very small or nonexistence. Moving average are not reliable indicators as the envelop disappears and a crossover point nears. This indicator is most reliable when the stock price is not near the center demarcation line.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
The envelope refers to the area produced by multiple moving averages of different lengths. When you have a short time frame and a long time frame the two lines will contain between them, the majority of the candles. The area between these two lines is the, "envelope" and it allows us to stay in a trade during a pre-determined amount of volatility. This keeps us in trades when the stock might be experiencing short term counter trend trading action. As these two lines converge as the stocks price changes direction the envelope become smaller and smaller until it disappears briefly as the stock price changes direction. The center line of this indicator indicates a turning point in the price action where the envelope has become very small or nonexistence. Moving average are not reliable indicators as the envelop disappears and a crossover point nears. This indicator is most reliable when the stock price is not near the center demarcation line.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
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僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡StockSwinger。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。