The following script aims to visually reproduce a Fibonacci moving averages ribbon by only using one plot function, the period of the moving average is determined by a number of the Fibonacci sequence. This trick is made possible by computing the value of a moving average at time t with a period determined by a periodic Fibonacci sequence and using ...
After some tips in my indicator
RK's 04 - Lots of MA Types Ribbon I Put some time and effort to make it better.
So, I'm sharing with you the results.
This is an up to 10 lines Moving Average Ribbon with an Auto Evaluate Length and a lots of options!!!
Type of Moving Average you can use:
SMA - Simple Moving Average
SMMA - Smoothed Moving Average
This indicator behaves like a traditional EMA ribbon by using the 21, 25, 30, 35, 40, 45, 50, and 55 bar exponential moving averages. In this particular indicator, the traditional EMA ribbon lines are turned off by default leaving only a filled in area between the 21 and 55 bar averages. The filled in area is green when the 21 bar average is greater than the 55...
I made this script to test what is the better Moving Average type to predict the market direction, so I put a function with All the MA I know.
To go beyond, this script have an option to increase the MA length as a Fibonacci Number or any other simple number to step.
If the drawing is too slow, just reduce the amount of MA lines in the input option...
This is an extension of the Madrid Moving Average Ribbon public script to allow for different kinds of moving averages (the original allows only exponential and simple). Possible entries in the MA Type argument field are:
sma (simple moving average)
ema (exponential moving average)
wma (weighted moving average)
trima (triangular moving average)
This script is the second version of the Moving average Ribbon Bar, a companion study of the MA Ribbon. In this version the display is changed, instead of lines, it display the results in stacked bars, making it more user friendly and allowing it to be expanded or contracted without loosing visual continuity.
Moving Average Ribbon:
A series of moving averages of different lengths to create a ribbon-like indicator. Traders can determine trend strength by the distance between the moving averages, the overall balance of the coloured lines and determine price points. Price movements through the ribbon can be...
By request this is an updated version of the "PullBack Trading Tool": removes experimental "OCC" channel, added option to display ribbons or just single moving average lines, added alert arrows for "PB" exits, added alertcondition for TV alarm subsystem, added some extract options for Pivot points and general cleanup of code.
Hello Hello Hello and welcome back to Bitcoin Beats!
This is a script written by capriole_charles
Go check out the original!
I have added leverage and stoploss % but also made it a strategy so we can look back at past trades to see patterns and profit.
Personally I feel this is not enough data to trade off as BTC is such a young asset. However I have seen other...
Okay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria.
It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some...
This study displays a ribbon made of two moving averages identified by a filled Area. This provides visual aids to determine the trend direction and pivot points. The moving average will be Red if its value is decreasing, and green if it is increasing. When both MA's are the same color we have a trend direction. If those are different then we have a trend...
This indicator plots and colour codes a ribbon between two moving averages. The colour of the ribbon changes with trend direction: when price in uptrend ribbon colour is green; when price in downtrend ribbon colour is red.
1) You can select between 11 different types of moving averages, each MA line can be a different type.
2) Option to...
A study of moving averages that utilizes different tricks I've learned to optimize them. Included is Bollinger Bands, Guppy (GMMA) and Super Guppy.
The method used to make it MtF should be more precise and smoother than regular MtF methods that use the security function. For intraday timeframes, each number represents each hour, with 24 equal to 1 day. For daily,...
This study project is an updated version of the implementation of the "Stochastic False BAR" indicator.
The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much...
Draws an MA Ribbon that highlights major MA's and for easier visibility separates them into different groups including Custom MA's, Baseline MA's, T Line MA's, Short Term MA's and Long Term MA's.
Choose between 11 different types of MA's thanks to JustUncleL and John F. Ehlers super smoother.
The + is for various signals and alerts derived from Market Cipher /...