This study shows a pair of colored moving averages filled with the color of the direction of the trend. This study calculates the moving averages with standard or exponential M.A.'s. By default it uses a couple of fast exponential moving average pair (5,13) with the closing price as the source.
Parameters:
source
fast MA length
slow MA Length
type of moving average
リリースノート
This is an updated version of the Madrid Trend Spotter Script recompiled and adjusted for pinescript 3.0