The type of moving average can be selected from:
- Simple Moving Averages
- Exponential Moving Averages
- Weighted Moving Averages
- Volume-weighted Moving Averages
- Moving average used in
- Arnaud Legoux Moving Averages
The source of prices to use in the calculation can be selected from:
- (high + low + close + open)/4
- (high + low)/2
- (high + low + close)/3
Line-weight and colours can be edited in the style tab of the indicator.
The default is to plot the SMAs using a length of 20, 50, 100 and 200.
A simpler version of this script is available here:
You can customize all features and can plot the colour based on whether the line if sloping up (green), down (red) or "flat" (orange).