OPEN-SOURCE SCRIPT
Moving Average Candles
Inspired by Ricardo Santos's "[RS]Multiple Moving Average Candle System V0" (tradingview.com/script/P3FrNuMz-RS-Multiple-Moving-Average-Candle-System-V0/)
This script plots 6 moving averages using the plotcandle function rather than the normal plot function. Result is a stylish indicator that shows moving average crossovers in a more visual way. Moving average type options available are ["SMA","EMA","WMA","HMA","RMA","VWMA","ALMA","LRC","MED"], or Simple, Exponential, Hull, Relative, Volume Weighted, and Arnaud Legoux Moving Averages, Linear Regression Curve, and Median. Lengths for each can be set in settings along with selection specific parameters. Good for plotting/visualizing potential entry/exit points based on your preferred moving averages crossing over, or just as some eye candy.
This script plots 6 moving averages using the plotcandle function rather than the normal plot function. Result is a stylish indicator that shows moving average crossovers in a more visual way. Moving average type options available are ["SMA","EMA","WMA","HMA","RMA","VWMA","ALMA","LRC","MED"], or Simple, Exponential, Hull, Relative, Volume Weighted, and Arnaud Legoux Moving Averages, Linear Regression Curve, and Median. Lengths for each can be set in settings along with selection specific parameters. Good for plotting/visualizing potential entry/exit points based on your preferred moving averages crossing over, or just as some eye candy.
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.