Editor's PicksOPEN-SOURCE SCRIPTMoving Average Entanglement
Aktualisiert
This script uses the gap in moving averages standardized to the average true range to determine entry and exit points.
The red line represents the current percentage of ATR that is deemed "The Dead Zone" - a move that is too small to be reliable.
The histogram represents the gap between moving averages. When the histogram is above the red line, it confirms a breakout move.
The dashed line an be used as a secondary filter and is a moving average of the histogram.
When Standard Deviation mode is on, a third line is displayed, which represents how many standard Deviations the current histogram bar represents, and can be also used as a filter.
The red line represents the current percentage of ATR that is deemed "The Dead Zone" - a move that is too small to be reliable.
The histogram represents the gap between moving averages. When the histogram is above the red line, it confirms a breakout move.
The dashed line an be used as a secondary filter and is a moving average of the histogram.
When Standard Deviation mode is on, a third line is displayed, which represents how many standard Deviations the current histogram bar represents, and can be also used as a filter.
Versionshinweise
added option to color histogram based on bullish/bearish Gap of MAsVersionshinweise
Added AlertsVersionshinweise
bug fix for alert conditions to only fire on crossoversVersionshinweise
Added alerts when the histogram changes color (goes bullish from bearish or vice-versa) after two or more previous bars of the opposite colorVersionshinweise
added price source as an input parameterVersionshinweise
Added alert conditions for Std Deviation/MA crossovers and crossundersOpen-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
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Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate:
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