Sentinels

Sentinels is a playful variation on combining different mean averages (MA).
A cross of 2 user-defined MA's (MA 1 & MA 2) initiates the drawing of a sentinel with tentacles, which, on its turn can provide potential support/resistance or entry/stop-loss/take profit zones.


The type of each MA (MA 1, MA 2 and tentacles) can be chosen from following options:

• SMA
  
• EMA
  
• SMMA (RMA)
  
• HullMA
  
• WMA
  
• VWMA
  
• DEMA
  
• TEMA
  

🔹 Examples

Fast & slow MA: HullMA, Tentacles: TEMA

Fast & slow MA: SMA, Tentacles: WMA

Fast & slow MA: WMA, Tentacles: WMA

Fast & slow MA: TEMA, Tentacles: TEMA


🔶 DETAILS

🔹 Head-Body

The head-body is formed by:

• the slow MA when there is a crossunder.
  
• the fast MA when there is a crossover.
  

The color of the head-body is a gradient which can be set. The color of the tentacles (non-gradient) can be set as well.

The head-body of the sentinel will be visible for maximum 60 bars after a cross has occured.

🔹 Tentacles

The length of the 'Tentacles' is calculated by taking the difference between the length of MA 1 and MA 2 , and dividing this by 6 -> diff.
The length of each tentacle is MA 1 + a multiple of diff.

The tentacles will only begin to show from 2 bars after a cross.

Each tentacle will be shown maximum x bars after the cross:
Tentacle 1: 15 bars
Tentacle 2: 20 bars
Tentacle 3: 25 bars
Tentacle 4: 30 bars
Tentacle 5: 35 bars
Tentacle 6: 40 bars

🔹 Switch lengths

By switching lengths the colors get switched too.
Note that the tentacles act differently though.
In that way, this can be an extra option to visualize the tentacles.


🔶 Happy Holidays

Merry Christmas and a Happy New Year!