OPEN-SOURCE SCRIPT

Chanpreet Moving Averages

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Chanpreet Moving Averages
by Chanpreet Singh

This script plots up to four customizable moving averages (SMA, EMA, SMMA/RMA, WMA, VWMA).
You can adjust:

Moving average type

Source (close, open, hl2, etc.)

Length

Color

An optional input lets you select a higher or custom timeframe for the moving averages (e.g., daily MA on a 1-hour chart). If left empty, the script calculates them on the current chart timeframe, so the lines scale and move naturally when zooming or panning.

This tool is designed for educational and visualization purposes, helping traders see trend direction and potential areas of dynamic support/resistance.

⚠️ Disclaimer: This script does not provide financial advice or trading signals. Use it at your own risk. Always do your own research before making trading decisions.

Отказ от ответственности

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