A set of low timeframe (LTF), medium timeframe (MTF), and high timeframe (HTF) indicators for use in crypto currencies / bitcoin.
Traditionally the 10, 20, 50, 100, and 200 SMAs are used in TA. With cryptos, I've found that the 8 EMA, 21, 55, and 128 SMAs backtest better, while no change in length was necessary for the 200. I wanted to combine all these into one indicator to easily add them to a chart layout, hence this script.
You can customize the length of each MA to your liking in the settings, or accept the defaults.
LTF Indicators: 8 EMA in blue hues, medium line stroke.
MTF Indicators: 21, 55 SMA in purple hues, medium line stroke.
HTF Indicators: 128, 200 SMA in yellow hues, thick line stroke.
Defaults are for daily timeframes and lower; suggest changing up the intervals for weekly and monthly to: 21 -> 30 55 -> 50 128 -> 100
Added option to hide individual MAs on timeframes (periods) greater than Daily. Reason: on higher periods typically less MAs are used, and hiding unneeded ones de-clutters the chart
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.
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