INVITE-ONLY SCRIPT
Wizard EMA Multimeter )
Key Features of the Indicator
Customizable Moving Averages (Multimeter ):
Users can configure the lengths of 8 MAs (7 EMAs and 1 SMA).
The lengths are customizable via the inputs section.
Alert Zones:
The script calculates whether the current price is within a user-defined percentage range of each MA. If the price is close to the MA, it shows a dot ("🟢" green Bullish, "🔴" red for Bearish).
Bar Highlighting:
If all conditions for "close to MAs" are satisfied for dots (either above or below), it highlights the bars:
Green for all dots up.
Red for all dots down.
Table Display:
Displays a summary in a table format at the top of the chart.
Shows the status of each MA with green or red dots to indicate price proximity.
How to Use This Indicator
Apply the Script:
In the settings menu, configure:
The lengths of the MAs (e.g., 10 EMA, 21 EMA, etc.).
The alert distance percentage for each MA (default is 1%).
Monitor the Highlights:
Observe the bar colors:
Green bars mean all MAs are close to the price and above.
Red bars mean all MAs are close to the price and below.
Analyze the Table:
The table provides a quick view of each MA’s status:
"🟢"Green if the price is above and close to the MA.
"🔴" Red if the price is below and close to the MA.
Customize Visuals:
Modify the dot logic or colors in the code if desired for better visualization.
Practical Applications
Trend Following:
Use the table to monitor how the price behaves around multiple MAs simultaneously.
Green bars can indicate a bullish trend, while red bars can signal a bearish trend.
Alert Setup:
This indicator visually notifies you when the price is near a specific MA, enabling timely trade entries or exits.
Multi-Timeframe Analysis:
Apply the indicator on different timeframes (e.g., daily, hourly, or 5-minute charts) to assess the broader and granular trends.
Limitations
No Alerts Included:
While the script highlights conditions, it doesn't have alert functionality. If needed, this can be added using alert() functions.
Table Layout:
The table's formatting is basic and might need adjustments for better visualization or adding more data.
"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."
Customizable Moving Averages (Multimeter ):
Users can configure the lengths of 8 MAs (7 EMAs and 1 SMA).
The lengths are customizable via the inputs section.
Alert Zones:
The script calculates whether the current price is within a user-defined percentage range of each MA. If the price is close to the MA, it shows a dot ("🟢" green Bullish, "🔴" red for Bearish).
Bar Highlighting:
If all conditions for "close to MAs" are satisfied for dots (either above or below), it highlights the bars:
Green for all dots up.
Red for all dots down.
Table Display:
Displays a summary in a table format at the top of the chart.
Shows the status of each MA with green or red dots to indicate price proximity.
How to Use This Indicator
Apply the Script:
In the settings menu, configure:
The lengths of the MAs (e.g., 10 EMA, 21 EMA, etc.).
The alert distance percentage for each MA (default is 1%).
Monitor the Highlights:
Observe the bar colors:
Green bars mean all MAs are close to the price and above.
Red bars mean all MAs are close to the price and below.
Analyze the Table:
The table provides a quick view of each MA’s status:
"🟢"Green if the price is above and close to the MA.
"🔴" Red if the price is below and close to the MA.
Customize Visuals:
Modify the dot logic or colors in the code if desired for better visualization.
Practical Applications
Trend Following:
Use the table to monitor how the price behaves around multiple MAs simultaneously.
Green bars can indicate a bullish trend, while red bars can signal a bearish trend.
Alert Setup:
This indicator visually notifies you when the price is near a specific MA, enabling timely trade entries or exits.
Multi-Timeframe Analysis:
Apply the indicator on different timeframes (e.g., daily, hourly, or 5-minute charts) to assess the broader and granular trends.
Limitations
No Alerts Included:
While the script highlights conditions, it doesn't have alert functionality. If needed, this can be added using alert() functions.
Table Layout:
The table's formatting is basic and might need adjustments for better visualization or adding more data.
"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、WIZARDTRENDSに直接お問い合わせください。
このプライベートの招待専用スクリプトはモデレーターによる審査を受けておらず、ハウスルールへの準拠状況は未確認です。 TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
FEEL FREE TO REACH US
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、WIZARDTRENDSに直接お問い合わせください。
このプライベートの招待専用スクリプトはモデレーターによる審査を受けておらず、ハウスルールへの準拠状況は未確認です。 TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
FEEL FREE TO REACH US
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。