Multi SMA EMA WMA HMA BB (5+5 Moving Averages of Any Type with Bollinger Bands) by RagingRocketBull 2018 Version 1.0
This indicator shows multiple MAs of any type (SMA EMA WMA HMA etc) with BB on a chart at the same time with/without MTF support depending on the version.
There are several versions (published later): Simple, MTF, Pro MTF and Ultimate MTF. This is the Simple version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +assign 1 custom Timeframe to any group combo (5+5 Custom TF) - Pro MTF: +multiple Timeframes for multiple MA groups (4*3 MTF), horizontal levels and show max bars back options - Ultimate MTF: +individual settings for each MA, multiple Timeframes
You can use different types of MAs as dynamic S/R levels to trade of off and MA crosses as signals for possible trend change (golden/death bull/bear crosses). Most common MA types are: SMA, EMA, WMA, HMA. Most common MA lengths are: 12, 20, 26, 30, 50, 100, 200, 400 etc.
Features: - 2 groups of custom 5+5 MAs of any type including Hull Moving Average (HMA) - BB
1. based on 3EmaBB, uses plot, fill, stdev and custom hma functions 2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
Feel free to use. Good Luck!
Информация о релизе
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Changes in ver 2.0: - fixed hma/wma(src, 0) error when len = 1 by adding a max(2,len) wrapper to hma function
Информация о релизе
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Changes in ver 3.0: - better screen on script's home page
@rrb, Tihs is the one i am looking for. It work awasome for me. I got the breakthrough final & patiently wait for line to come up in my range and than buy & sell. I back tested to 35 chart even with in 1 minute time frame and it work flow less.
RickAdlam
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Been using this indicator for years, and ask if you would consider adding these changes: 1. A "Multiple time frame box" for the moving averages, Select a time frame other than [Chart]. I use the 1Hour time frame, but have the moving averages set to the [Daily Charts] . The problem is, if I want to look at another time frame, the the settings shift from being the Daily time frame setting. The multiple time frame would solve this issue, because it it always be on the DAY moving averages, if that is what is set, regardless of time frame viewed. 2. Add a direction "color change option" for the moving averages, to signal directional changes, especially the HMA.
RagingRocketBull
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@RickAdlam, Hey Rick, it seems that your message has been truncated. I have a couple of multi timeframe scripts like Multi SMA EMA WMA HMA BB 5+5 MTF and Multi SMA EMA WMA HMA BB 4x10 MAX MTF where you can select a timeframe and show MAs from higher TFs on the current timeframe. What is a multiple timeframe box?
RickAdlam
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Been using this indicator for years, and ask if you would consider adding these changes: 1. A "Multiple time frame box" for the moving averages, Select a time frame other than [Chart]. I use the 1Hour time frame, but have the moving averages set to the [Daily Charts] . EG. 2, 5, 20, 50 & 200 DAY EMA moving averages. [ie, set to 48, 120, 480, 1200 and 4,800 on the 1 hour charts. The problem is, if I want to look at another time frame, the the settings shift from being the Daily time frame setting. The multiple time frame would solve this issue, because it it always be on the DAY moving averages, if that is what is set, regardless of time frame viewed. 2. Add a direction "color change option" for the moving averages, to signal directional changes, especially the HMA.
delliott5
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I use your indicator all the time - so a big thank you for that. I was wondering how easy it would be to replace the Bollinger Band with a Keltner channel and if you have given any thought to this? - The reason for asking is that a Keltner Channel gives you a better aiming point as to where to enter and exit - as opposed to BB which expands and contracts according to volatility. The big advantage for me using your indicator is that you can bypass the indicator limitations if you are on Pro as you are essentially getting multiple indicators in one. Keep up the good work and once again many thanks.
RagingRocketBull
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@delliott5, thanks, I don't plan to replace BB with Keltner, you can probably find and attach a separate Keltner channel indicator for that. I don't know this technique - traders use different indicators/methods or combinations - glad that you found one that works for you. I'm using BB here since it's the most common thing after MA and RSI and popular among most traders
manmohan200980
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Add ORB+RSI+AVWAP+RSI based DEMAND AND SUPPLY also
RagingRocketBull
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@manmohan200980, the more things you try to add to an indicator the slower it becomes, also the UI will appear more cluttered. Supply/Demand is not a standard function and can probably be implemented and imported as a separate library. Still, I'm busy with moving other stuff into libraries, don't have time for it.
najmaparvin
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very Good Sir. Sir this indicator add pivot point And Rsi Simple