A PRO version with more options is available at
NOW YOU CAN !
In comes the Power Moving Average which offers you the opportunity to :
Power Moving Average offers the following types of averages :
SMA - Simple Moving Average
Read more: Simple Moving Average (SMA) www.investopedia.com/terms/s/sma.asp
EMA - Exponential Moving Average
Read more: Exponential Moving Average (EMA) www.investopedia.com/terms/e/ema.asp
WMA - Weighted Moving Average
Read more: Linearly Weighted Moving Average www.investopedia.com...tedmovingaverage.asp
VWMA - Volume Weighted Moving Average
Read more : www.tradingsetupsrev...moving-average-vwma/
RMA
Read more : partners.futuresourc...arts/studies/rmi.htm
Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change
Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)
Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?
Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (www.tradingview.com/gopro), second option is to get our Triple Power Moving Average for a one time price. Please PM for more information.
If you like this script, please share and hit that like bottom ! Also check out my other indicators here : www.tradingview.com/u/Nico.Muselle/
Thank you !
- Did you ever want to apply the Daily Moving Average to an hourly chart ?
- Are you tired of switching between time frames for seeing where that moving average is on the higher time frame ?
- Do you want to display these moving averages on your current time frame ?
NOW YOU CAN !
In comes the Power Moving Average which offers you the opportunity to :
- Display moving averages of any (higher) time frame you wish
- Select which type of Moving Average you want to display
Power Moving Average offers the following types of averages :
SMA - Simple Moving Average
Read more: Simple Moving Average (SMA) www.investopedia.com/terms/s/sma.asp
EMA - Exponential Moving Average
Read more: Exponential Moving Average (EMA) www.investopedia.com/terms/e/ema.asp
WMA - Weighted Moving Average
Read more: Linearly Weighted Moving Average www.investopedia.com...tedmovingaverage.asp
VWMA - Volume Weighted Moving Average
Read more : www.tradingsetupsrev...moving-average-vwma/
RMA
Read more : partners.futuresourc...arts/studies/rmi.htm
Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change
Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)
Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?
Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (www.tradingview.com/gopro), second option is to get our Triple Power Moving Average for a one time price. Please PM for more information.
If you like this script, please share and hit that like bottom ! Also check out my other indicators here : www.tradingview.com/u/Nico.Muselle/
Thank you !
Check out my FREE indicator scripts:
► www.tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► www.tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle