animecummer

User Selectable Moving Average Guppy

A version of the popular "Moving Average Ribbon" or "Guppy" indicators, except nearly everything about it is user selectable. The user can change the source, period, and type of moving average used for every single line on the chart. Note: The visuals are fairly intensive and may take a moment to catch up after adjusting settings.

Credit: This script utilizes the "Color Gradient Framework" tutorial by LucF (PineCoders) to create gradient visuals, which are also customizable for the user.

Moving Average Options:
  • Running (SMoothed) Moving Average (RMA or SMMA ) - Slowest
  • Simple Moving Average ( SMA ) - Slow
  • Exponential Moving Average ( EMA ) - Responds faster to price than SMA
  • Weighted Moving Average ( WMA )
  • Volume-Weighted Moving Average ( VWMA )
  • Triple EMA ( TEMA )
  • Exponential Hull Moving Average (EHMA) - Hull with Smoothing (Slower than Hull)
  • Least Squares Moving Average ( LSMA ) - Simple Linear Regression
  • Arnaud Legoux Moving Average ( ALMA ) - Adjustable, set offset=1 to be current, offset=0.85 for good smoothing (Slower)
  • Hull Moving Average ( HMA ) - Normally responds fastest to price of all options

Value Added:
  • This script is unique in that it allows the user to chart the "Guppy", except nearly everything about it is customizable. The user can change the source, period, and type of moving average used for every single line.
  • Typically, the Guppy is plotted with simple moving average or exponential moving average , which respond much slower to price than the Hull Moving Average , which this indicator uses as default. (Elimination of lag)
  • The Hull MA settings for the highest time frame moving averages should work well for assessing the overall macro trend, with a nice visual presentation. Additional labels and alerts for the macro trend are available.
  • Furthermore, this script provides many more options for type of moving average than is typical for a moving average indicator that provides the user with options, including advanced options such as Hull, TEMA , and ALMA .
  • The visual presentation is customizable and should provide some entertainment for users who want to create pretty charts.
Versionshinweise: 9-OCT-21 : Converted from Pine v4 to v5.
Versionshinweise: 12-OCT-21: Added Tillson T3 upon request.
Versionshinweise: 13-OCT-21: Fixed up Tillson T3 formula somewhat (was using a fixed source instead of selectable previously)
Versionshinweise: 3-nov-21: added timeframe/gaps, consolidated menu, made color scheme consistent
Versionshinweise: 5-nov-21: added rainbow colors
Versionshinweise: 5-nov-21: reverted color scheme, rainbow will be used in future indicators, this one was fine as is
Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?