Ultimate Trend Strength Moving Averages
Hi , this is lonelygrass. Since the day I joined Tradingview, I decided to challenge myself and to code at least one indicator every single day. Keep grinding, stay focused and everything will pay off.
It is called "Ultimate Trend Strength Moving Averages".
I have taken several factors to write this moving average indicator, adx ,bar location (above/below the moving average), open v close, to name a few.
It is meant to let users know the current market trend in a timely order. I can say that this will be one of the most practical indicators for intraday, swing and other kinds of trading.
Users can select the sort of moving average they would like to use, such as SMA, EMA, WMA and VWMA, and just change the time span you want to look at! Blue color signalizes an uptrend while pink color signalizes a downtrend. Let's utilize it to its fullest.
Happy trading! Stay tuned!
It is called "Ultimate Trend Strength Moving Averages".
I have taken several factors to write this moving average indicator, adx ,bar location (above/below the moving average), open v close, to name a few.
It is meant to let users know the current market trend in a timely order. I can say that this will be one of the most practical indicators for intraday, swing and other kinds of trading.
Users can select the sort of moving average they would like to use, such as SMA, EMA, WMA and VWMA, and just change the time span you want to look at! Blue color signalizes an uptrend while pink color signalizes a downtrend. Let's utilize it to its fullest.
Happy trading! Stay tuned!