This is a Multi Timeframe Moving Average Collection (Swing Edition).
Why use it?
- Spot cluster of MAs on one chart
- See support and resistance
- Spot "freefall zones"
In the default settings you will get:
20, 100 and 200 MA of the 1D, W, and the W chart.
The color indicates significance!
From weaker to stronger support/resistance:...
Get a multi-time frame (MTF) view of the price!
You can select to see either close price (default), or HL2 price, or HLC3 price, or OHLC4 price of all time-frames.And you change the smoothing method (and smoothing period) of the daily price, which is shown as a blue line, with period 10 WMA smoothing as default.
The scope of this script is to measure momentum and strenght of EURO and DOLLAR using their indexes.
Forza (line) above 0 means EURO is stonger than DOLLAR
Momento (histogram) above 0 means EURO has a positive momentum against DOLLAR
The added value to see MACD and RSI directly on EURUSD chart is that indexes consider also other pairs so their RSI and MACD has a...
Its a simplified version of the script "Ultimate Moving Average Multi-Timeframes" by Chris Moody.
Ive removed the second MA, removed the change colors feature and added the option to change the line width of the indicator
Overlays data (by default 'close') from a different period.
Explanation of Lookahead (same as TV's concept of 'lookahead' from their references):
Assume X is the requested period and Y is the current period, X > Y (e.g. X = '1D' and Y = '15').
If Lookahead = true then all the Y bars (e.g. 15 minute candles) of the last X (e.g. last day) will have their close keep...
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