OPEN-SOURCE SCRIPT

Moving Average Cross Alert, Multi-Timeframe (MTF) (by ChartArt)

449 490
See when two moving averages cross. With the option to choose between four moving average calculations:

  • SMA = simple moving average
  • EMA = exponential moving average (default)
  • WMA = weighted moving average
  • Linear = linear regression


The moving averages can be plotted from different time-frames, like e.g. the weekly or 4 hour time-frame using HL2, HLC3 or OHLC4 as price source for the calculation. In addition there is a background color alert and arrows when the moving averages cross each other when the price also rises or falls. And the moving averages are colored depending on their trend direction (if they are trending up or down).

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