Tracert Trend[s3]

19. Juni 2022

Variable Moving Average(VMA) with a view of the trend based on the VMA on multiple timeframes. The Variable Moving Average (VMA) is a study that uses an Exponential Moving Average being able to automatically adjust its smoothing factor according to the market volatility . The timeframes of the indicator must be set to a higher timeframe than whatever timeframe your chart is set to to work properly. Example(default): Trading on the 15m timeframe so have the timeframes set to: 1) Chart 2) 30m 3) 45m 4) 60m

Green line of VMA = uptrend in price action
Red line of VMA = downtrend in price action
White line of VMA = indecision in price action

Green candles = uptrend and above VMA
Red candles = downtrend and below VMA
White candles = indecision or chop in price action

Green symbol below candle = all six timeframes are above the VMA
Red symbol above candle = all six timeframes are above the VMA
No symbol above or below candle = indecision amongst the six timeframes

19. Juni 2022

Versionshinweise

- Adjusted default timeframes shown to only 3
- Adjusted timeframes to higher timeframes over the 15m timeframe
- Adjusted the table to only show the default 3 timeframes

19. Juni 2022

Versionshinweise

-Added 1 additional timeframe to default timeframes
-Adjusted colors of symbols and table

19. Juni 2022

Versionshinweise

- Made default timeframes shown to 3

22. Juni 2022

Versionshinweise

- updated default length to 9

22. Juni 2022

Versionshinweise

- changed default Timeframes; defaulted to trade on 1H timeframe
- new screen shot of chart to showcase possible strategy

14. Juni 2024

Versionshinweise

• added alerts for dots (bullish/bearish trend)
  
• added cloud for other time frames' VMAs
  

14. Juni 2024

Versionshinweise

• added color in cloud for neutral