This indicator allows you to display RTH & ETH MAs on either RTH or ETH. For fast MAs, RTH & ETH version will converge earlier & be the same. ETH MAs are faster responding as they take into account ETH data & so will be more accurate at the open. However, RTH MAs can still be of use since many use indicators on RTH only.
Above shows both RTH & ETH MAs. Notice how they converge.
הערות שחרור:
added up to a total of 6 MAs.
הערות שחרור:
- Added custom timeframes for each MA (Note: using a different timeframe other than the chart timeframe would make the RTH moving average appear dotted instead of a line on style = line.break, therefore I've switched RTH line styles to default line)
- Added convergence MA: plots MA when RTH & ETH MA converges.
Left side shows RTH & ETH 5 minute 20 period MAs; Right side shows Convergence 5 minute 20 period MA
- Added convergence MA: plots MA when RTH & ETH MA converges.
Left side shows RTH & ETH 5 minute 20 period MAs; Right side shows Convergence 5 minute 20 period MA
הערות שחרור:
- Reverted line style settings
- Image above in previous update shows 2 different timeframes which is incorrect. If MA timeframes are equal to chart timeframe, then lines will be connected on line break style. However, if the MA timeframe is higher than the chart timeframe, then the MA will appear broken repeatedly instead of a connected line. Not sure the solution to this, so please let me know of a solution. In the meantime, change line style to a circle or cross if using HTF MAs on LTF chart, otherwise, I recommend you use MAs of same or lower timeframe as the chart.
- Image above in previous update shows 2 different timeframes which is incorrect. If MA timeframes are equal to chart timeframe, then lines will be connected on line break style. However, if the MA timeframe is higher than the chart timeframe, then the MA will appear broken repeatedly instead of a connected line. Not sure the solution to this, so please let me know of a solution. In the meantime, change line style to a circle or cross if using HTF MAs on LTF chart, otherwise, I recommend you use MAs of same or lower timeframe as the chart.
הערות שחרור:
- Added bollinger bands for convergence MAs that appear only when price range is above &/or below convergence MA
20 period convergence SMA, with 2 stddev. bands.
20 period convergence SMA, with 2 stddev. bands.
הערות שחרור:
- Added partial convergence bands toggle feature (If disabled, then bands show up normally)
הערות שחרור:
- Added toggles to display MAs on D/W/M timeframes only.
הערות שחרור:
- Added ETH on ETH only toggle for ETH MAs
הערות שחרור:
- Added 2 colors for each MA (excl. convergence MAs since almost hit maximum number of outputs) based on slope of MA
- removed fills between rth and eth MAs
- removed fills between rth and eth MAs