OPEN-SOURCE SCRIPT

Moving Average Oscillator by [DM]

Updated

Greetings colleagues
Today I share an indicator that I had been thinking about for a long time. Its a easy idea but not easy to exploit"
The signals are generated the same as a MACD but the signal lengths are different.
In its standard form, the average signal of all signals is shown.
It has been designed for all those who use moving stockings in a conventional way and do not want to see the moving stockings in the price.
The options are endless on the indicator.

Show or hide all signals
Show or hide fill color of the signals
Show or hide fill gradient color of the signals
Show or hide horizontal lines
Graduation of horizontal lines with only one parameter
Show or hide fill color of horizontal lines
Show or hide fill gradient color of the horizontal lines
Alarms can be configured with any crossover
All sign lengths can be adjusted
You can change the color of each horizontal line and / or hide

Release Notes

Minor Changes

Release Notes

Added BB with squeeze alerts
Default value of sensibility 0.01 is possible set 0.02 for better results.

Release Notes

Major changes
Greetings on demand the signal has been amplified * 10 another setting has been added to be able to adjust the reversal notices in high volatility of the bb
https://www.tradingview.com/x/nWIUYwwF/

Release Notes

Updated log and tooltip

Release Notes

fix squeeze alerts

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

dgmoon

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