INVITE-ONLY SCRIPT
Change of Moving Averages - Chart
Change of Moving Averages charts the change of the major moving averages rather than the moving averages themselves. This is done in a separate panel, rather than being overlaid in order to more easily interpret momentum.
Change of Moving Averages has dual colored lines, in order to better see when the MA has crossed zero(dotted line). It can be used for an SMA , EMA , TEMA or VWMA averages with an adjustable source, length and time offset. It uses a daily interval but it can be disabled in settings in order to show the selected interval. The number of days used to calculate the change can be adjusted however this may produce unexpected results if the change is calculated across a peak or trough of the moving average.
More interested in just the latest change in the moving averages? Check out the "Change in Moving Averages - Table", which is a simple overlay table:
Have modification ideas for this indicator? Just let me know and I will gladly consider them!
Change of Moving Averages has dual colored lines, in order to better see when the MA has crossed zero(dotted line). It can be used for an SMA , EMA , TEMA or VWMA averages with an adjustable source, length and time offset. It uses a daily interval but it can be disabled in settings in order to show the selected interval. The number of days used to calculate the change can be adjusted however this may produce unexpected results if the change is calculated across a peak or trough of the moving average.
More interested in just the latest change in the moving averages? Check out the "Change in Moving Averages - Table", which is a simple overlay table:
Have modification ideas for this indicator? Just let me know and I will gladly consider them!
Script sur invitation seulement
L'accès à ce script est limité aux utilisateurs autorisés par l'auteur et nécessite généralement un paiement. Vous pouvez l'ajouter à vos favoris, mais vous ne pourrez l'utiliser qu'après avoir demandé et obtenu l'autorisation de son auteur. Contactez CaptainBrett pour plus d'informations, ou suivez les instructions de l'auteur ci-dessous.
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Instructions de l'auteur
″Submit your TradingView username here: https://forms.gle/WQbnG7zEBg5Zyb2b8
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If you find my trading indicators beneficial, I welcome your support through donations at: linktr.ee/captainbrett
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