Moving Average Macro Trend Filter
A simple indicator that adds a background fill to your chart based on a fast and slow moving average.
When the fast moving average is above the slow moving average, the background is green.
When the slow moving average is above the fast moving average, the background is red.
If the fast and slow moving average don't agree on direction, the background is yellow.
When the fast moving average is above the slow moving average, the background is green.
When the slow moving average is above the fast moving average, the background is red.
If the fast and slow moving average don't agree on direction, the background is yellow.
- Pick between EMA, SMA, RMA, WMA
- Select different timeframes for chart, slow MA, and fast MA
Versionshinweise:
Updated default values for slow/fast EMA
Versionshinweise:
Fixed timeframe defaults.