Fixed Moving Average
This Indicator is a fixed moving average indicator.
By "fixed" I mean that you can choose for the MA to be based on the current resolution or fixed on a specific time-frame.
Default will be 128 D MA. It is fully customize able Moving Average.
It is a simple script. I created it because I wanted to be able to see the 128 D MA on any time-frame.
It can be used to determine your bias while trading:
- If the price is above the 128 day moving average, look for longs
- If the price is below the 128 day moving average, look for shorts
By "fixed" I mean that you can choose for the MA to be based on the current resolution or fixed on a specific time-frame.
Default will be 128 D MA. It is fully customize able Moving Average.
It is a simple script. I created it because I wanted to be able to see the 128 D MA on any time-frame.
It can be used to determine your bias while trading:
- If the price is above the 128 day moving average, look for longs
- If the price is below the 128 day moving average, look for shorts
Versionshinweise:
Now the MA changes color depending on if bias is bullish or bearish (if price is above or below the MA).
Enjoy
Enjoy
Versionshinweise:
I added more time resolutions for the moving averages (e.g. 6h, 8h, 12h, 2D, 3D)
cheers
cheers