The cherry on the top for this version is, when you want to get a predetermined count in (ranges) units of time, as: minutes, hours or days, in any graph you could get a static average, and this count will be automatically respected. For example, an average could be configured to know a trend per day, week and month, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same average to make your own "trend analysis" into a micro/macro market view.
But now, with the option to convert the " " to adapt into different kinds of "Moving Averages" and by any of the most used Moving Averages, an hybrid basically.
The following options to convert the "Exponential Moving Average ( ) to:
• ( )
• ( )
• ( )
• Modified Moving Average ( MMA ) *
• Rolling Moving Average ( RMA ) *
• ( )
• ( ) *
• ( )
• ( )
* Same Moving Averages: a Modified Moving Average is otherwise known as the Running Moving Average or .
The is usually calculated by subtracting the 26-period ( ) from the 12-period . The result of that calculation is the line. A nine-day of the , called the "Signal Line", is then plotted on top of the line which can function as a trigger for buy and sell signals. Traders may buy the security when the crosses above its signal line and sell, or short, the security when the crosses below the signal line.
The has a positive value whenever the 12-period is above the 26-period and a negative value when the 12-period is below the 26-period . The more distant the is above or below its baseline indicates that the distance between the two EMAs is growing. In the following chart, you can see how the two EMAs applied to the price chart correspond to the (blue) crossing above or below its baseline (red dashed) in the indicator below the price chart.
The is often displayed with a histogram which graphs the distance between the and its signal line. If the is above the signal line, the histogram will be above the MACD’s baseline. If the is below its signal line, the histogram will be below the MACD’s baseline. Traders use the MACD’s histogram to identify when or momentum is high.
For more technical information look at Investopedia.
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con ortiemm para obtener más información o siga las siguientes instrucciones del autor.
TradingView sugiere que no utilice ni pague un script si no confía totalmente en su autor o cuando no comprenda su funcionamiento. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestra Biblioteca pública.
Send me message for use it.
Advertencia: Por favor, consulte antes de solicitar acceso.