PROTECTED SOURCE SCRIPT

Moving Average Ribbon x10

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his script is a highly customizable Moving Average Ribbon that allows you to plot up to 10 independent Moving Averages (MAs) on your chart simultaneously.

Key Features:

10 Customizable MAs: Configure each of the 10 MAs with unique settings.

5 MA Types: Choose from Simple (SMA), Exponential (EMA), Smoothed (SMMA/RMA), Weighted (WMA), and Volume-Weighted (VWMA) for every line.

Flexible Inputs: Easily adjust the Length, Source (e.g., close), Color, and Visibility for each Moving Average directly from the indicator settings.

Trend Analysis: Use the ribbon to quickly visualize trend strength, potential support and resistance zones, and changes in market momentum based on the spread and order of the MAs.

How to Use:

The first four MAs (MA #1 to MA #4) are enabled by default with common lengths (20, 50, 100, 200). You can enable and customize the remaining MAs (MA #5 to MA #10) in the input settings to build your ideal ribbon setup.

Haftungsausschluss

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