The purpose was the same: to create the best noise reduction filter. All 6 of them are added together and then divided by 6 for an average of all of them. This gauge displays a real-time technical analysis overview for your selected timeframe. It combines the Moving Average Convergence Divergence (MACD) with additional filters such as Moving Average (MA) and Average Directional Index (ADX) to enhance trading signals. If its green, i buy calls. The Adaptive Moving Average (AMA), also known as Kaufman's Adaptive Moving Average (KAMA), is a trend-following indicator that adapts to market volatility. pionex. Dec 14, 2023 · Hey traders, In this post, we will discuss two efficient ways to apply the moving average(s) indicator in your trading. In Simple Moving Averages, the parameters can be selected for 20-days, 50-days and 200-days to draw the moving average line along with the price chart. By smoothing out price data over a specific period, moving averages help traders identify trends, gauge market sentiment, and make informed trading decisions. Selecting and utilizing the appropriate indicators is crucial for successful trading. Otherwise just moving averages on lots of different time frames. To calculate the Hull Moving Average, follow the steps below. You can also choose amongst SMA , EMA , and HULLMA for each MA. This Pine script, titled "Multi Time Frame Exponential Moving Average (MTF EMA)," provides an innovative approach for traders who wish to track trends across multiple timeframes without having to switch between different charts. The Best TradingView Indicators | Bottom Line. //www. Smooths out the price across each period to reveal short, medium and long term trends and their relationship to each other. This indicator dynamically plots support and resistance levels based on RSI values, providing visual cues for potential bullish and bearish signals. VMA automatically adjusts its smoothing constant on the basis of Market Volatility. In this post, we will see how we can use the same technique, with a slight variation, to evolve our zero lag moving average line, add more "smoothness" and still maintaining the low lag and fast response to data series changes. When a short term MA crosses above a long term MA (a "golden cross") it is a Apr 18, 2024 · The best moving average for a daily chart depends on your trading objectives. This indicator is very similar to my Leavitt Projection script and I forgot to mention that both of these indicators are actually predictive moving averages. Jun 23, 2021 · One of the best methods to find a winning stock or crypto in the early stages is looking for an 8 and 21 ema cross. If its red, i buy puts. , keep changing. If the moving averages are stacked such that MA5>MA4>MA3>MA2>MA1, then that is defined as a downtrend. This indicator supports four different timeframes: daily, weekly, monthly, and intraday. tradingview. The "Hull Moving Average" (HMA) is a fast and smooth moving average that exhibits a rather unique behavior. But sometimes they're not the easiest to interpret. You'll be amazed looking at how accurate it is signaling early entries and exits from trend follower positions, just by applying some basic TA to it (support, resistance, trend lines). Oct 21, 2023 · The Leavitt Convolution indicator was created by Jay Leavitt (Stocks and Commodities Oct 2019, page 11), who is most well known for creating the Volume-Weighted Average Price indicator. JAMA is less responsive than JMA - sometimes it makes it better than JMA but closely depends on the objective assigned to Variety N-Tuple Moving Averages is a moving average indicator that allows you to create 1- 30 tuple moving average types; i. Here are several assumptions: Suppose the price action is above the T3 Moving Average, and the indicator is upward. This indicator helps you see the trend by coloring the MA based on its direction. This indicator can be used on any time frame you wish. com The T3 Moving Average generally produces entry signals similar to other moving averages and, thus, is mainly traded in the same manner. Based on the recommendation of Alessio Rastani in this video. The envelopes are set a (user defined) percentage away from the basis line. Use Case: Crosses between short-term and long-term MA’s signal potential trend reversals or continuations. #1. Understanding Moving Averages: A Powerful Tool for Market Analysis In the world of financial analysis and trading, moving averages are among the most widely used and effective technical indicators. That is why we have developed this algorithm This is Jurik Research's original moving average and a predecessor of the well-known Jurik Moving Average (JMA). I have developed an indicator in trading view which helps you to create a watchlist of 20 instruments (stocks, forex, crypto) and monitor them - in any time frame - continuously and simultaneously to find any moving average crossing (bullish or bearish). Apr 15, 2020 · A simple calculation and plotting of the slope of a Moving Average. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. Oct 19, 2023 · The MTF Moving Averages indicator allows users to plot multiple moving averages on different timeframes within the same chart on TradingView. Why MATS? MATS was developed with the trader in mind, focusing on Nov 20, 2019 · TradingView India. g. Contains Over Bought and Over Sold areas that you can customize color and zone. to use the "mirroring" technique, we need to use 2 MA lines Jul 26, 2023 · The BEST Indicator On TradingView: Squeeze Momentum Indicator Strategy (Lazybear) The Moving Average Trading Strategy Guide and Types of indicators. Hi All, This is a very simple indicator which provides the buy signal, when the moving average lines turns Green and sell signal, when the moving average signal turns red. a Nov 4, 2023 · TRADEIQ Custom Indicator - https://bit. This can be used for both intraday and scalping method with different timeframes. Plots crosses of the RSI crossing the Moving Average. Moving average is a price based, lagging (or reactive) indicator that displays the average price of a security over a set period of time. INTRODUCTION Robust, fast, trading system Multiple time frame (MTF) aspects built in everywhere into the strategy Combines swing, scalp, greedy, volatile trading mechanisms Works on intraday day time frames as well as Daily and Weekly Trade sizing This script is created primarily for Intraday trading but can also be used for short and long term trading. It aims to provide insights into the strength and direction of price movements by analyzing the MACD line, MAs slopes, and MA crossovers. The Only Moving Average Indicator You Will Need. ly/47fnNl9Automate Your Strategy - https://www. The HMA attempts to completely remove lag while simultaneously presenting smoother results. This version contains 5 different moving average types including T3. , close Allows you to plot 20 day, 50 day, and 200 day simple moving averages using only 1 indicator. ENV displays an upper envelope above a basis line and a lower envelope below the basis line. This indicator transforms selected moving averages into a Z-Score oscillator, providing clear signals for potential buy and sell This indicator shows the percentage that an asset price is above or below its 50-period simple moving average. Dec 13, 2021 · While Moving Averages can often serve as excellent forms of support or resistance, they are rarely perfect. The tools and indicators only give me areas of interest to pay more attention to. For intraday trading, consider shorter periods such as the 9-day EMA or 26-day EMA to capture short-term price movements. Please ensure to view in daily view only. This indicator is a combination of Pivot points with CPR, Moving Average and VWAP. They can also select the type of moving average (SMA, EMA, or WMA), the source (e. It is one of the oldest and most popular indicators and is usually plotted in colored columns, green for up volume and red for down volume, with a moving average. The indicator aims to provide a smoothed trend line that dynamically adjusts to different market conditions, offering a more responsive analysis of price movements. . Nov 22, 2022 · This is a set of 4 combined moving averages. To access, please visit the website in the signature area of this posting. The basis line is a moving average, either a simple moving average or an exponential moving average. This is a combination of Central Pivot Range (CPR), Moving Averages and Camarilla Pivot levels (with inner levels). It combines two main features: an indicator displaying exponential moving averages (EMA) on five different time periods, as well as a compact dashboard that Jul 21, 2016 · Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. Dec 6, 2019 · The classic moving average crossover strategy does not work well in markets that, instead of trending, tend to frequently reverse within a trading range. The AMA aims to: - Smooth out price data to reduce noise, similar to other moving Oct 26, 2023 · Bollinger Bands are a volatility indicator invented by technical analyst John Bollinger in the 1980s. Menu The F. The indicator consists of three bands: a middle band, which is a simple moving average (SMA) of the asset's price, and two outer bands that are placed two standard deviations away from the middle band. Unfortunately, that means there is no "best" MA period that suits all these conditions. It includes the 21, 55 & 100 EMAs and the 200 SMA. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules . Key Components: Moving Averages: The indicator calculates two Overview This indicator combines the Moving Average Convergence Divergence (MACD) and two Moving Averages (MAs) to assess market momentum and trend direction. This is based on the theory that most traders use their own preference of moving averages, so combining them all should give us a better Jan 9, 2016 · The MESA Adaptive Moving Average (MAMA) adapts to price movement based on the rate of change of phase as measured by the Hilbert Transform Discriminator. The lag between the actual time the market has reversed direction and when the moving average is signalling a trade, the trend is already over and the market is about to go against your position. Nov 7, 2023 · This indicator provides a visual representation of an averaged weighted moving average (WMA) ribbon (default setting) along with Bollinger Bands on a price chart. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. It's green when rising and red when falling. By default on TradingView the ATR is a Relative Moving Average (RMA) of the True Range, but the smoothing type can be changed to SMA, EMA or WMA in the settings. Therefore, traders fine-tune their indicators and strategies to fit the constantly changing market. The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving average lengths works best in combination with each other. The Hull Moving Average was developed and first introduced by Alan Hull as a new moving average that focuses on smoothness, efficiency, and lag elimination. com/script/QzjN5jCL-Price-Distance-to-its-MA-by The Stacked Moving Averages indicator lets you see if a ticker is in an uptrend, downtrend, or no trend based on the condition of the moving averages. COMPONENTS Here is a brief overview of the indicator: Smoothed Moving Averages Arty uses three main smoothed moving averages and on occasion a fourth. In the previous Zero-Lag MA post, we introduced the "mirroring" technique and the associated calculation. In principal, when the price is above a moving average the trend is up, when the price is below a moving average the trend is down. There is also an option to plot a trigger line. Free to use Moving Average indicator for 50, 100 and 200 days. Concepts Zero Lag Moving Average (ZLMA): A ZLMA is an advanced Jun 14, 2024 · What are Moving Averages? Moving Averages (MAs) are indicators that smooth out price data to identify the direction of a trend. In collaboration with Brian Shannon, author of two best-selling books on technical analysis, we've put together an indicator that manages the moving average period based on the chart timeframe. Used on an intraday setting, like 5 minutes, you can see the volume profile for each trading session. May 19, 2021 · Using a selected Exponential Moving Average (EMA)/Simple Moving Average (SMA) range, this indicator inserts a Long/Short (buy/sell) indicator overlaid on chart depending on the following conditions: - LONG/BUY SIGNAL = if SMA value is less than EMA, and both the SMA and EMA are less than the current average price. Details In 1st Post. The best supply and demand TradingView indicator is the Volume Profile HD. It was developed by Perry Kaufman in 1972 to improve upon traditional moving averages by making the smoothing period dynamic based on market conditions. I will only buy puts on a green day if there is a overall change in market trend The Moving Average Tool is the only indicator you will ever need to plot MA lines. Color MA also lets you select from five different types of moving Jun 29, 2024 · Our research on 10,400 years of exchange data shows the best day trading indicators are the Price Rate of Change, VWAP, Weighted Moving Average, Hull Moving Average, Simple Moving Average, and RSI. This method features a fast attack average and a slow decay average so that composite average rapidly ratchets behind price changes and holds the average value until the What is this indicator The Moving Average Z-Score Suite is a versatile indicator designed to help traders identify and capitalize on market trends by utilizing a variety of moving averages. - SHORT/SELL SIGNAL = if SMA value is greater than EMA, and both the SMA and EMA This is simply three moving averages in the same indicator, with the possibility to change the source, length, offset and type on every moving average (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI ). Plots signals of the RSI crossing up over the over sold area or down below the over bought area. In this article, we will delve into the Nov 9, 2023 · The Dynamic 5-Day Moving Average (MA) indicator is designed to provide traders with a consistent, time-adjusted moving average line across various timeframes. Begin by calculating a Weighted Moving Average with period n / 2 and then multiply this value by 2. The algorithms of JAMA and JMA have big differences. Jan 3, 2020 · Moving averages are perhaps the most popular indicator in technical analysis. e. MovingAverageTrader. B_Double Hull Moving Average Trend Tracker indicator is designed to identify market trends and is based on two Hull Moving Averages. Nov 14, 2022 · This indicator will plot the simple and exponential moving averages Adam Khoo is also looking at for buying opportunities. Dec 30, 2021 · Best Moving Average Indicator Tradingview | Price Distance to its MA Indicator Testinghttps://www. Today we introducing the Moving Average Trend Sniper (MATS), a unique and powerful multi faceted tool. The default periods for the moving averages are 5, 10, 20, 50, 100 & 200. Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. Use this like other Moving Averages. Nov 4, 2018 · A 50-day moving average (50 DMA) is a technical indicator that shows the average closing price of a security over the last 50 days. The user can select three timeframes and determine the length and type of both a fast and slow moving average. Because they rely on moving averages, these indicators are considered lagging and often used to confirm trends and reversals. I have created this indicator in order to improve trend-following entry positions. The moving averages can be SMA, EMA Nov 9, 2023 · In this post I’ll provide a concise guide to Tradingview Moving Averages. A reason for this is because no two moving averages are always going to be the best on every instrument, time-frame, and at May 10, 2024 · Description: Indicator Name: Moving Average Crossover Strategy Overview: The "Moving Average Crossover Strategy" is a technical analysis indicator that combines moving averages and the Relative Strength Index (RSI) to identify potential buy and sell signals. Interesting results can be obtained when using the moving average in a MA crossover system or as a trailing support/resistance. This can be helpful for identifying trends, support and resistance levels, and potential entry and exit points. I have added the following options that can be enabled via options page: - Trend Direction Indication: Green = Up trend, Blue = Potential congestion, Red = down An indicator that finds the best moving average We all know that the market change in characteristics over time, volatility, volume, momentum, etc. Jan 5, 2021 · This indicator measures rate of change of moving average. Moving averages are a simple yet powerful technical indicator. Features: SMA , SMMA, EMA, LSMA, ZLSMA, HULL, LWMA, VWMA and ALMA. The price relative to, and slope of the 5-day moving average is key for swing trading with the trend. k. The indicator is highly customizable, allowing traders to choose the number of moving The following moving average adapt to the average number of highest high/lowest low made over a specific period, thus adapting to trend strength. This helps you to combine the strategies of CPR and Moving Averages to identify the best trading opportunities with greater edge. The data is tracked and provided by market exchanges. Please let me know in the comments below which values you use the most, so that I can adjust The following features available in this strategy are listed below. The F. Calculations. Moving Average Envelopes (ENV) are a banded indicator. Oct 27, 2021 · In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Concept of 50 Moving Average 1. Settings Length : Period of the indicator, with higher values returning smoother results. Pay attention to how the moving average and band expand and contract, as well as where price crosses the Bollinger bands (Green and red) or the basis line (blue). The Exponential Moving Average (EMA) gives more weight to recent prices, making it more responsive to new information. Chande. Simple regular RSI Indicator that plots a Moving Average (Hull, SMA, EMA, RMA, etc) that you specify the MA and length. They are commonly used to indicate price trends, dynamic support and resistance levels or price direction changes. Features. This indicator is especially useful for traders who switch between multiple timeframes and want a moving average that represents a fixed 5-day period, ensuring that the MA reflects a consistent lookback period relative to the amount of Aug 5, 2021 · This indicator help identify momentum by offering a visual representation of engulfing candlestick patters overlayed with smoothed moving averages Sep 14, 2022 · An indicator that finds the best moving average We all know that the market change in characteristics over time, volatility, volume, momentum, etc. Monthly - Up to 2 moving averages. It aims to capture trend reversals and momentum shifts in the market. If the moving averages are stacked such that MA1>MA2>MA3>MA4>MA5, then that is described as an uptrend. For each timeframe, users can choose up to four moving averages to plot. MATS provides the ideal solution for traders looking to capitalize on market trends while accurately identifying support and resistance levels. Weekly - Up to 2 moving averages. In that scenario, we look to shorter timeframes (intraday charts) to see if the price action is May 2, 2024 · Top 10 Best TradingView Indicators 1. In this environment, a more appropriate Jun 12, 2024 · This article explores the 5 best technical indicators for crypto trading—Moving Average, RSI, MACD, Bollinger Bands, and Fibonacci Retracement—emphasizing their combination for stronger signals and diverse uses in market trend analysis. Jan 25, 2021 · This indicator plots a moving average of 4 different timeframes. In this video I will show you how to add moving averages to your tradingview charts in a way that is easy to understand. It is one of the few indicators that is not based on price. Moving Averages (MA) A fundamental trend-following tool, MAs smooth out price data to identify trends over specific periods. That is why we have developed this algorithm Mar 4, 2017 · Multiple moving averages in one indicator, so those of you without a pro membership can add multiple moving averages to your chart while only taking up 1 of the 3 indicators. The ADX measures the strength of a trend in the market. Simply pick an average type and enter the desired length. You can change the 50-period moving average to whatever you'd like in the settings of the indicator. One way to address the disadvantages of moving averages is to multiply the weighting factor by a volatility ratio which is called Adaptive moving averages. The summary of Nifty 50 Index is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots. This is a unique and powerful volume indicator. Sep 22, 2023 · The Multi Timeframe Moving Averages indicator is a powerful tool for technical analysis that allows traders to visualize and analyze moving averages from multiple timeframes on a single chart. The weekly moving averages are hard coded and don't change on any other timeframe. 🟡Use my code for a 30% off DISCOUNT The "Filtered MACD with Backtest " indicator is an advanced trading tool designed for the TradingView platform. The basics. Sep 29, 2021 · by ColeJustice OptionsMillionaire's SPY Options trading system is based mainly on these indicators: - 8 EMA* - 21 EMA* - 100 SMA* - 200 SMA* - MACD - RSI - Squeeze Momentum (*provided by this indicator) and follows these rules: | | 1) I never fight the trend. It's a popular indicator because it's realistic and effective at showing historical price movement trends. I have also included the close for using setting up "cross" alerts with each of the MAs. The indicator will display a small table in a user selected location. One of the most notable examples is the moving average Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average types as: SMA : Simple Moving Average EMA : Exponential Moving Average WMA : Weighted Moving Average DEMA : Double Exponential Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average a. Often times the price will either stop short or penetrate the moving average and at times it can almost seem consistent. , Double-MA, Triple-MA, Quadruple-MA, Quintuple-MA, N-tuple-MA. It comes loaded with 9 different types of moving averages so traders can lay down any line at any length. Jun 19, 2024 · There are different types of moving average indicators you can apply in TradingView like Simple Moving Average (SMA), Exponential Moving Average (EMA) and Weighted Moving Average. I've taken what he teaches and have applied the tools that he uses into one useful indicator. Oct 8, 2019 · Free to use Moving Average indicator for 50, 100 and 200 days that displays both the daily and weekly Moving Averages on the same chart - revealing key support and resistance lines that might otherwise be overlooked. If you want to disable any of the moving averages, then do that under the "Style"-tab by unchecking the box for that moving average. Src : Source input of the The strategy combines three indicators: Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Average Directional Index (ADX). Bollinger Bands, a pivotal tool for day trading, consists of three key elements: a central moving average (often a 20-period Simple Moving Average), an upper band (computed by adding twice the standard deviation of price to the moving average), and a lower band (calculated by subtracting twice the standard deviation of price from the moving average). Its strength lies with dynamic support and resistance levels. This strategy serves as a backtest to that indicator. Feb 10, 2018 · A simple indicator that contains all the main Moving Averages you'll probably need. A moving average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. com. You can either use the chart's current timeframe or select a custom timeframe for your 5 moving averages (for example, you can see the 200DMA on your 4h chart without having to adjust the moving average length). Jan 1, 2015 · Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. But best time frame is 5 minutes. Look for patterns, and exploit them to your advantage to give you Feb 29, 2020 · This allows you to plot up to 5 moving averages on your chart at once. Calculation: The AGMA is calculated by Nov 20, 2023 · Many traders believe that the moving averages are favorite tools and analysts have spent decades trying to improve moving averages partiularly the simple moving average. The types of averages available are: SMA, EMA, DEMA, VWMA, RMA, WMA. I have included a default value of 40 for the length so you can see just how close this moving average sticks to the underlying price May 24, 2023 · The Adaptive Gaussian Moving Average (AGMA) is a versatile technical indicator that combines the concept of a Gaussian Moving Average (GMA) with adaptive parameters based on market volatility. Apr 28, 2014 · All Moving Averages and Features Built In To ONE Indicator. com/en/sign/ref/georgeExplore the power of the Range Filter Indi May 16, 2022 · The Moving Average Crossover indicator uses 3 moving averages (2 simple moving averages and 1 exponential moving average ) to signal long and short opportunities based on moving average crossovers. Calculate ROC of moving average with respect to either Moving average itself or with respect to close price Manage moving averages, for every timeframe, from within one indicator. Both MAs and EMAs are crucial for identifying trend direction and potential reversal points. 1 — 21 SMMA - this is the The Fibonacci Moving Average is a powerful indicator that takes into account many underlying moving averages to give out an approximate short-term/long-term view of the markets. It can refer to shares, contracts or lots. This moving average is designed to adapt to the ever-changing market conditions. "Moving Average Continuity," is designed to compare the position of two Moving Averages (MAs) across multiple timeframes. It was developed by Mark Jurik in 1994. Dec 20, 2020 · What is This? The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel. Average True Range is a continuously plotted line usually kept below the main price chart window. Open-source script In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. You are given the option *Once you have the True Range, the Average True Range can be plotted. In the settings you have the option to change the Apr 29, 2023 · Introduction The Zero Lag Moving Average (ZLMA) is a powerful technical indicator that aims to eliminate the lag inherent in traditional moving averages. Please, note that the settings for a moving average depend on many factors and can not be universal. OVERVIEW This indicator was inspired by Arty. What Information Can I Get Out of It? This indicator can be used as a support or resistance as some moving averages are typically used as well Aug 4, 2023 · Closing Price Compared to Moving Average Lastly, these indicators can show traders how fast or slow price action is moving relative to its moving average(s). What is a Moving Average? Smooths out the price across each period to reveal short, medium and long term trends and their relationship to Apr 10, 2024 · Place a 5-8-13 simple moving average (SMA) combination on the two-minute chart to identify strong trends that can be bought or sold short on counter swings, as well as to get a warning of Jul 12, 2021 · The Natural Moving Average was created by Jim Sloman (Ocean Theory pgs 63-70) and this is the one of the best moving averages you will find! This is one of the most adaptive moving averages that I have ever seen that accounts for all types of volatility. Daily - Up to 4 moving averages. Common choices include the 50-day SMA and 200-day SMA, often used to identify medium to long-term trends. Steps to derive are as follows: Calculate moving average of Source based on Moving Average Type and Moving Average Length Find the difference between moving average value of present bar and LoopbackPeriod bars back. All of the moving averages are customizable by color, length, and timeframe. The best timeframe to use this indicator is the daily chart . Jul 19, 2024 · However, the most common indicators include Fibonacci Retracements, simple moving averages (SMAs), and exponential moving averages (EMAs). This post provides a comprehensive exploration of the ZLMA with Gaussian Weights (GWMA) indicator, discussing the concepts, the calculations, and its application in trading. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. Volume Profile HD. The Offset Moving Average indicator allows for a moving average to be offset by a percentage (as well as time) in order to see if the price has an offset correlation Jul 29, 2018 · 4 Moving averages contained in one indicator. When using AVWAP as described by Brian, we look for stocks where the trend of the 50-SMA is higher. Features: Intraday - Up to 3 moving averages. However you can set these values to whatever works for you, for example 5, 8, 10, 21, etc. I personally have not found any magic indicators that I use for buy/sell decisions. Central Pivot Range and Camarilla pivots The RSI Trail indicator is a technical analysis tool designed to assist traders in making informed decisions by utilizing the Relative Strength Index (RSI) and various moving average calculations. Apr 6, 2020 · This indicator allows you to view a moving average ( EMA or SMA ) of your choosing on other time frames than what you are currently on. Of course, you can easily change that in the Style tab under Settings. Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. The other moving averages will show the values of your current timeframe. The EMA and WMA are used to track the average price over different time periods. By taking entry and exit positions based on moving average crossovers, we are able to project profit with this script. re lo dw wy yv eg ec oj kh kc