PROTECTED SOURCE SCRIPT
Triple Power Moving Average v.02 by @Nico.Muselle
Обновлено
ALL THE POWER OF MULTIPLE MOVING AVERAGES ---- NOW COMPLETELY FOR FREE
Did you ever want to apply the Daily Moving Averages to an hourly chart ?
Are you tired of switching between time frames for seeing where that moving average is on the higher time frame ?
Do you want to display these moving averages on your current time frame ?
NOW YOU CAN !
In comes the Power Moving Average which offers you the opportunity to :
Display moving averages of any (higher) time frame you wish
In this version we added 4 hour, 6 hour, 8 hour and 12 hour selection for your moving averages
Select which type of Moving Average you want to display
Select up to 3 different types, lengths and time frames to display
Power Moving Average offers the following types of averages :
SMA - Simple Moving Average
EMA - Exponential Moving Average
WMA - Weighted Moving Average
VWMA - Volume Weighted Moving Average
RMA
See the configuration options here :
i.imgur.com/WE7wXkW.jpg
Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change
Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)
Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?
Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (tradingview.com/gopro), second option is to get our Triple Power Moving Average for FREE.
If you like the indicator, please like and share !
Thank you !
Did you ever want to apply the Daily Moving Averages to an hourly chart ?
Are you tired of switching between time frames for seeing where that moving average is on the higher time frame ?
Do you want to display these moving averages on your current time frame ?
NOW YOU CAN !
In comes the Power Moving Average which offers you the opportunity to :
Display moving averages of any (higher) time frame you wish
In this version we added 4 hour, 6 hour, 8 hour and 12 hour selection for your moving averages
Select which type of Moving Average you want to display
Select up to 3 different types, lengths and time frames to display
Power Moving Average offers the following types of averages :
SMA - Simple Moving Average
EMA - Exponential Moving Average
WMA - Weighted Moving Average
VWMA - Volume Weighted Moving Average
RMA
See the configuration options here :
i.imgur.com/WE7wXkW.jpg
Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change
Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)
Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?
Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (tradingview.com/gopro), second option is to get our Triple Power Moving Average for FREE.
If you like the indicator, please like and share !
Thank you !
Информация о релизе
Re-arranged the time frames in the selection box from low to high.
Check out my FREE indicator scripts:
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
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