OPEN-SOURCE SCRIPT
Moving Average Ribbon
This is an extension of the Madrid Moving Average Ribbon public script to allow for different kinds of moving averages (the original allows only exponential and simple). Possible entries in the MA Type argument field are:
If the argument given by the user does not match anything from the above list, it will default to ema.
- sma (simple moving average)
- ema (exponential moving average)
- wma (weighted moving average)
- trima (triangular moving average)
- zlema (zero-lag exponential moving average)
- dema (double exponential moving average)
- tema (triple exponential moving average)
- hma (hull moving average)
If the argument given by the user does not match anything from the above list, it will default to ema.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.