Customizable MA Ribbon
All credits to @Violent (www.tradingview.com/u/Violent/) for making the original code! I just updated it by adding new features and themes!
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Lemon's Customizable MA Ribbon:
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A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.
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FEATURES
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Thank you and happy trading!
with love,
-Lemon
---------------------------------------------
Lemon's Customizable MA Ribbon:
---------------------------------------------
A series of moving averages of different lengths that create a ribbon-like indicator. Traders can determine trend strength by lookin at the distance between the moving averages and the overall balance of the colored lines. Price movements through the ribbon can also be used to identify trend changes.
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FEATURES
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- MA TYPES: SMA , EMA , WMA, RMA, ALMA, VWMA, HMA
- Editable length
- Editable start
- User defined number of plots to show (between 1 to 32 total plots)
- Multiple color theme choices
- A color smoothing option.
Thank you and happy trading!
with love,
-Lemon