Daveatt

BEST Rainbow Chart

Hello traders

This script is a Pinescript adaptation of this FXCM/LUA script

Draws a flexible number of moving averages between 1 and 5 - with a end result looking like a rainbow

Formula

Each Moving Average is defined as a Moving Average of the previous MA
The first MA is based on candle close

MA = MA of Price
MA = MA of MA
....
MA= MA of MA


Bonus

You can select the MA type ( EMA , SMA , SMMA , TEMA , DEMA , TMA, ALMA , VWMA , ...) and the MA period shared across all the moving averages

Scaling

If you have any issue with your scaling, you may follow this quick tutorial

Hope you'll like it because it looks nice on your chart :)
Dave
開源腳本

秉持真正的TradingView精神,該腳本的作者將其開源發佈,因此交易者可以理解和驗證它。為作者加油!您可以免費使用它,但是在發佈中重複使用此程式碼受網站規則的約束。您可以把它加入到常用以在圖表上使用它。

想在圖表上使用此腳本?
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評論

You've missed ALMA out xxx
+1 回覆
Daveatt syrinxflunki
@syrinxflunki, is that your way of asking me to add it :p ?
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@Daveatt,
Well you have ALREADY ADDED IT as an option :D :D :D
+1 回覆
Daveatt syrinxflunki
@syrinxflunki, LMAO I'm so dumb
Thanks for spotting that out. Will fix it and republish
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As always as I said "SIMPLE IS THE BEST"
Appreciated Daveatt =D
+1 回覆
Daveatt ICEKI
@ICEKI, this one is fun script :)
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ICEKI Daveatt
@Daveatt, nice fun script =D
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Send it to the NHS :)
+1 回覆