This is a modified version of the Three Moving Averages, but instead of Exponential, it is Simple average. You can also change the lengths of averages.
Indicator for Short & Long Entries based on:
- Volume
- Close Price
- Ema
- RSI
Feel free to test it out. The parameters are:
- Back Bars Long.- number of bars back to consider for long entries
- Back Bars Short.- number of bars back to consider for long entries
These are used to calculate the ema and rsi.
Not very useful because Hull MA is too lagless, defeating the original purpose of TusenPix's Fishnet SMA's using moving averages to determine S/R.
Looks good though.
Ver.4 (4/25/18)
EMA and SMA indicators ALL in one!
Default: SMA (20, 50, 100, 200) or EMA (8, 13, 21, 55)
Save your TV indicator use counts by using SMA/EMA
Functionality all in one indicator:
1) Toggle between Exponential or Simple moving averages.
2) Customize and or input your very own MA's by simply changing the input options from default.
3) Change...
Ahrens Moving Average indicator script.
This indicator was originally developed by Richard D. Ahrens (Stocks & Commodities V.31:11 (26-30): Build A Better Moving Average).
