The indicator Moving Average Channels was created for experimental purposes due to the parabolic moves BTC has made in the recent past.
How it works:
The basis, or center line, is a standard moving average that is set by the user.
The bands are then a customizable percentage of the basis.
Which based on the settings, could serve as possible support and resistance.
DepthHouse – Moving Average Channels has been published for you all to see and try for yourselves.
Maybe this indicator has uses elsewhere? If you find something feel free to post it in the comments below!
If you like this indicator, please drop a like or comment!
They are very much appreciated!
Be sure to go to my profile and check out my other indicators!
How it works:
The basis, or center line, is a standard moving average that is set by the user.
The bands are then a customizable percentage of the basis.
Which based on the settings, could serve as possible support and resistance.
DepthHouse – Moving Average Channels has been published for you all to see and try for yourselves.
Maybe this indicator has uses elsewhere? If you find something feel free to post it in the comments below!
If you like this indicator, please drop a like or comment!
They are very much appreciated!
Be sure to go to my profile and check out my other indicators!
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/