// Display 2 Moving Averages. Default is 10d sma and 20d sma. You can choose any length. Choose sma, or ema. Choose ma of Open, High, Low, or Close
// Color code is based on Qullamaggie's idea:
// Dark green = 10d ma > 20d ma, and both trending up // Light green = 10d ma > 20d ma, but only 10d ma trending up // Yellow = 10d ma > 20d ma, but neither trending up
// You can change the color
// You can hide the colors, then it will simply show 2 moving averages of your choice
// Trend is comparing the ma from X trendlen days ago. Default to 5 days ago. So, if today's ma is > 5 days ago, it is trending up
Thanks, good looking indicator! I tried to apply it to an QQQ pane I keep on top of my weekly charts. But the indicator follows the main ticker. Any chance one could choose a ticker in future upgrades, so the indicator remains applied to QQQ even when one is looking at other tickers?
maoxian
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Thank you for coding this and making it free, and thanks to Kristjan Kullamägi for mentioning it on his stream which led to my "discovering" it...
amospan
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Thank you for this market breadth indicator specifically for Qullamaggie's breakout and EP setups!
StillHaveIt
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Thanks! Respect 4 sharing!
Yetified_Mayhem
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Awesome! Thank you! Very useful like a Mike Webster's 'Power Trend' to know when to get more aggressive. Question; with the EMAs how come I can only get two colors?
jkwes
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Good
rextritontower
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so awesome thanks for making this!
bjrn_trdr
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Thanks you! This Indicator has become one of my main sources for the market sentiment.
Derivative
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can we use this intraday , say on 5 min charts? or is it mainly for Daily charts.