Interactive MA Stop Loss [TANHEF]This indicator is "Interactive." Once added to the chart, you need to click the start point for the moving average stoploss. Dragging it afterward will modify its position.
Why choose this indicator over a traditional Moving Average?
To accurately determine that a wick has crossed a moving average, you must examine the moving average's range on that bar (blue area on this indicator) and ensure the wick fully traverses this area.
When the price moves away from a moving average, the average also shifts towards the price. This can make it look like the wick crossed the average, even if it didn't.
How is the moving average area calculated?
For each bar, the moving average calculation is standard, but when the current bar is involved, its high or low is used instead of the close. For precise results, simply setting the source in a typical moving average calculation to 'Low' or 'High' is not sufficient in calculating the moving average area on a current bar.
Moving Average Options:
Simple Moving Average
Exponential Moving Average
Relative Moving Average
Weighted Moving Average
Indicator Explanation
After adding indicator to chart, you must click on a location to begin an entry.
The moving average type can be set and length modified to adjust the stoploss. An optional profit target may be added.
A symbol is display when the stoploss and profit target are hit. If a position is create that is not valid, "Overlapping MA and Bar" is displayed.
Alerts
'Check' alerts to use within indicator settings (stop hit and/or profit target hit).
Select 'Create Alert'
Set the condition to 'Interactive MA''
Select create.
Alert messages can have additional details using these words in between two Curly (Brace) Brackets:
{{stop}} = MA stop-loss (price)
{{upper}} = Upper MA band (price)
{{lower}} = Lower MA band (price)
{{band}} = Lower or Upper stoploss (word)
{{type}} = Long or Short stop-loss (word)
{{stopdistance}} = Stoploss Distance (%)
{{targetdistance}} = Target Distance (%)
{{starttime}} = Start time of stoploss (day:hour:minute)
{{maLength}} = MA Length (input)
{{maType}} = MA Type (input)
{{target}} = Price target (price)
{{trigger}} = Wick or Close Trigger input (input)
{{ticker}} = Ticker of chart (word)
{{exchange}} = Exchange of chart (word)
{{description}} = Description of ticker (words)
{{close}} = Bar close (price)
{{open}} = Bar open (price)
{{high}} = Bar high (price)
{{low}} = Bar low (price)
{{hl2}} = Bar HL2 (price)
{{volume}} = Bar volume (value)
{{time}} = Current time (day:hour:minute)
{{interval}} = Chart timeframe
{{newline}} = New line for text
I will add further moving averages types in the future. If you suggestions post them below.
Movingaveragebounce
Multiple Time Frames Moving Averages (x3)This indicator is a set of 3 moving averages for which you can configure the type of the moving averages , their length , and of course the time frame . The moving averages you can choose from are:
- Simple Moving Average ( SMA )
- Exponential Moving Average ( EMA )
- Weighted Moving Average ( WMA )
- Running Moving Average (RMA)
- Hull Moving Average ( HMA )
- Volume Weighted Moving Average ( VWMA )
- Arnaud Legoux Moving Average ( ALMA )
The time-frames you can choose from - minutes (1, 3, 5, 15, 45), hours (1, 2, 3, 4, 12), days (1, 3), weekly or monthly .
Overall, it is a minimalistic indicator. No major improvements or trading logic like some of my other indicators, but I did make it slightly easier to use and visually appealing. The MAs' colors change from light to dark green/blue/red depending on the trend - bullish or bearish respectively. Initially, those were changing from green to red (based on direction) but it became a bit confusing when they started crossing each other. Anyway, feel free to change those colors to whatever you like.
If you have suggestions on how to improve this indicator or ideas about new ones, please drop me a line. Thanks.
Trend Indicator for Directional Trading (main)TIDT is a two-part trend-based indicator that aims to recognize the general direction and help you identify good opportunities for going long or short. This is the main indicator that is plotted on the chart and is comprised of 3 Moving Averages over which you have full control. You can choose between the following 7 types:
- Simple Moving Average (SMA)
- Exponential Moving Average (EMA)
- Weighted Moving Average (WMA)
- Running Moving Average (RMA)
- Hull Moving Average (HMA)
- Volume Weighted Moving Average (VWMA)
- Arnaud Legoux Moving Average (ALMA)
For clarity of the trend whenever a fast MA crosses up or down a slower MA, the slower one changes its color. The faster MA changes color based on its direction.
Depending on your MA preferences and their period, you generate two main signal types:
1) Moving Average Bounce Signals - You will get a signal whenever the price bounces off, nearly touches or pierces your first MA (depending on your settings as described below)
2) Pullback / Retracement Signals - You will get a signal whenever a trend is established and the price retraces, thus giving you an optimal entry.
I've included 3 additional settings that you can tweak in order to reduce the noise or get more signals, all depending on your risk tolerance and trading style. Configuring these settings will filter the results you get in "Moving Average Bounce Signals". They are as follows:
1) Trend Strength - identifies ranging areas and helps you avoid choppy markets. The higher number, the stronger the trend must be for a signal.
2) Buffer Zone - allows you to receive a signal whenever price approaches your first MA. This way you will not miss a signal if the price doesn't bounce off your MA, or it will notify you in advance of a possible bounce/breakdown.
3) Max Candles Beyond MA - gives you a signal even if the price doesn't bounce off your first MA, but goes through it and then goes back up. You can select how many candles can close beyond the MA before invalidating the signal. Currently, the maximum number of candles that can close beyond the first MA is 5. This is done for your own practicality.
Almost all available options can be configured including the colors of the different signals - Bounces, Pullbacks, MA piercing depending on the number of candles, etc.
The second part of the indicator (called the same way with "add-on" at the end) is meant to complement this one and show additional trending signals, as well as Bull and Bear Divergences. For better results, both indicators must be used at the same time.
Please, note that like any other indicator, this one does exactly this - it indicates a good possibility of an entry, but does not guarantee profitability. Any indicator must be used as part of a system and strict money-management rules.
If you have any questions regarding the indicator or suggestions on how it could be improved, please let me know in the comment section below. Thank you.
(JS) Ultimate Multi Time Frame Moving AveragesSick of having to pull up tons of charts to check the moving averages on various time frames? Me too, so I decided to make the "Ultimate Multi Time Frame Moving Averages" overlay.
So what's it do? Simple. It allows you to plot moving averages from other time frames on your current chart. There's a bunch of built in MA's, and I also added space for two custom SMAs and three custom EMAs.
The custom moving averages can be set to any length or time frame that you desire.
The ones that come built in include:
5 Day SMA
10 Day SMA
20 Day SMA
50 Day SMA
100 Day SMA
200 Day SMA
5 Week SMA
10 Week SMA
20 Week SMA
50 Week SMA
100 Week SMA
200 Week SMA
Now you can simply check or un-check any of the following to see where these MAs fall on your current chart, no more flipping back and forth! Enjoy!
InItForTheGame Moving AveragesThis indicator was made to allow four moving averages to be displayed without needing to use up 3 charting indicators individually
TheWolfOfBinance - Moving Averages - V2This indicator was made to allow four moving averages to be displayed without needing to use up 3 charting indicators individually
4 moving averages
231 (white) shows the trend
77 (red) crosses above 231 (white) buy signal - longterm
7 (green) crosses above 77 (red) buy signal - quick money
7 (green) crosses below 21 (yellow) sell signal - quick money gone
7 (green) crosses below 77 (red) sell signal - quick money gone
