cI8DH

Fib,Guppy Multiple MA(FGMMA)(A/D & Volume Weight,SMA,EMA)[cI8DH]

Features:
- 3 + 12 MAs (12 is chosen because Guppy has 12 MAs)
- MA types can be set to Simple, Exponential, Weighted, and Smoothed
- Volume weight can be applied to all available MAs (the built-in VWMA uses Simple MA)
- It is possible to count in only effective portions of the volume in the equation by using Accum/ Dist Volume Weight
- Secondary smoothing (useful when volume weight is enabled)
- Predefined MA sets based on Fibonacci sequence (2,3,5,8,.., 377), Guppy (3,5,8,10,12,15 &30,35, 40 ,45,50,60), and cI8DH (2,3,5,8,12,17 & 30,34,39,45,52,60)

Recommended settings:
- hlc3 as input source captures all the essential information encapsulated in a candle. I'd use hlc3 as the default option. In uptrend, "low" and in downtrend, "high" might give more relevant results when using MAs for structural analysis of a market. For commonly used MAs (EMA20, SMA50,100,200), "close" should be used due to their self-fulfilling prophecy effect.
- When you have volume weight above 0, you may want to use secondary smoothing.
- Try not to use Simple MA for smaller lengths (below 20). Sharp changes in the past (right before the period specified by the length) will affect the current value of MA dramatically leading to confusion.
- I am using the first 3 MAs for SMA 50,100,200. You can disable them from the MA type selector all at once when using Fib or Guppy ribbons.

MA-based analysis:
There are different ways of structuring a market. Geometrical ( trend lines , channels, fans, patterns, etc) and Fib retracement-based structuring is very common among traders. MAs give an alternative way of analyzing markets. MA ribbons such as Guppy (6 slow and 6 fast-moving MAs) are popular for analyzing market flow. IMO default Guppy sets are a bit random as the numbers do not have an elegant sequence. So I proposed my sets based on increasing sequene spacing (+1). These two MA ribbons are good for market flow analysis but the spacing of the MAs are not ideal for structuring a market. Ribbons based on the Fib sequence is a better choice for structuring a market. This is the equivalent of Fib channels but in a more dynamic form. Among other things, MA Fib ribbon can be used to assess market momentum and to compare different stages of a market. Here are two "educational-only" examples:



Notes:
- Smoothed MA with length L = Exponential MA with length 2*L-1
- Read the background section in my ADP indicator to understand how A/D Volume is calculated
Phát hành các Ghi chú: Fixed a minor bug related to secondary smoothing
Phát hành các Ghi chú: a minor efficiency improvement
Phát hành các Ghi chú: - Simplified the volume weighting
- Made the code a bit more efficient
Phát hành các Ghi chú: Changed the default set to custom and default MAs to end at 400 and divided by 2 until 6.
Phát hành các Ghi chú: optimization
Phát hành các Ghi chú: fixed issues caused by Pine upgrade
Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?

Bình luận

For some reason this isn't rendering on my charts :hmm:
+2 Phản hồi
cI8DH MonadicDyad
@MonadicDyad, Pine engine had a breaking update. I will fix it within few days
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@cI8DH, Ah got it. Thanks.
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man u r doing good research there with an interesting view on the things... i'm mostly a standard TA guy but always interesting to read your stuff ; ) keep it up
+2 Phản hồi
cI8DH Antoniom111
Thanks @Antoniom111. I am sharing the things that I learn mostly based on my own analysis (not a book guy). I am glad you like them :)

MAs are much more powerful than what most ppl think.
+2 Phản hồi
@cI8DH, sure i like them and i think that selfmade(learned) are most of the time better than typical bookworms ; p
+1 Phản hồi
Thank you for sharing.
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thank you! your indicators are truly unique and well explained.
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I think I have to study english well. Keep work,bro , You are the driving force of my study :)
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cI8DH kining.bc
@kining.bc, Glad to hear my friend. I wish you best of luck with your English and trades :)
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