Free to use indicator that displays the 50, 100 and 200 Moving Average for 1 hour, 2 hour, 4 hour and 1 day time frames all at the same time(as long as you are on the 1 hour chart view)
Green = 1h 50MA
Blue = 1h 100MA & 2h 50MA
Red = 1h 200MA & 2h 100MA & 4h 50MA
Pink = 2h 200MA & 4h 100MA
Orange = 4h 200MA
Light grey = 1D 50MA
Dark grey = 1D 100MA
Black = 1D 200MA
What is a Moving Average? Smooths out the price across each period to reveal short, medium and long term trends and their relationship to each other. Moving averages can often be expected to act as lines of support and resistance, better allowing you to predict where a price move might stop or falter. The higher the moving average time frame the more significant the support/resistance will be.
Why is this indicator different from other Moving Average scripts? Usually you can only view the Moving Average for the specific time frame you are viewing, meaning constantly switching (i.e. between the 1 hour and 1 day chart) to look for relevant areas of support/resistance that need to be taken into account. With this indicator, as long as you remain in the 1 hour view, it displays the 50, 100 & 200 MA for multiple time frames all at the same time, revealing crucial support/resistance you might otherwise miss.
When in use, open the settings for the indicator if you need to check the colour of each moving average or wish to change the colour scheme. Add this indicator to your favourites and you might be surprised just how useful it can be.
Please give me a thumbs up if you found this useful. This tool is for educational purposes only and not a recommendation to buy or sell. Always do your own research before trading.
I cannot find it in Tradingview.com, how can I get it in my chart?
killercheebo
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can you share source code?
sbs
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I cannot find this indicator in the tradingview indicators list. Please help. I am trying to plot 50D & 200D MA on my 60min chart.
STVH
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Hello there Great coding! I've been looking for this indicator for the Ichimoku cloud, i wonder if you could help me out :)
What it does is, it gives me a signal when on 5m, 15m, 1h, 4h, 1D the Kijun-sen and Tenkan-sen are in the same position. (Kijun above Tenkan on all timeframes or the other way around)
Kind regards and thanks in advance! :D
fx0101
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thank you! exactly what I have been looking for!!!