Moving Average Zones

Imagine bollinger bands, but instead with multiple customizable moving averages.

MAZ contains moving averages that act as support and resistance. This can lead to potential use for stop loss and take profit decision-making along with potential signs of reversals.

Features

• Areas of Confluence
  
• Display Options
  
• Data Window
  

Default Settings (with Data Window)

Areas of Confluence

In the photo above, every touch inside a zone increases the brightness of the zone, strengthening the confluence of the zone.
Zones will disappear after a while if no touches have occurred in between a zone within the specified lookback period.

Versionshinweise:

New Feature

• Reversal Detection
  

Reversal Detection checks for rejection wicks off of each zone, and if the customizable conditions are met, send an alert.

Versionshinweise:

Preview Update

Versionshinweise:

Added

• Minor Changes
  

Versionshinweise:

Fix

• Error preventing script from running.
  
• Removed reversal feature.