Hi there!
I often use different EMA, SMA, LWMA etc etc in that way that i plot for exemple 34EMA close, 34EMA High and 34EMA low on the same chart.
The problem is when i have ploted that kind of setup with 3, 4 or even 5 different moving avarage it get kind of difficult to see anything at all. I mean... every MA i use contains 3 lines (close, high and low). 3 times 5 = 15.... many many lines
Anyway... i don't know if it exists or even is possible to program but what i have been looking for avile now is an Moving Avarage indicator were i can set what kind of MA i want to use, the period of this MA.
It shall then plot it self in three different colours depending on if the MA is closer to the high of the same MA or closer to the low of the same MA. If the distance from high and low is the same it shall plot the third colour.
But.... is this even possible to program?
Regards / Joacim
I often use different EMA, SMA, LWMA etc etc in that way that i plot for exemple 34EMA close, 34EMA High and 34EMA low on the same chart.
The problem is when i have ploted that kind of setup with 3, 4 or even 5 different moving avarage it get kind of difficult to see anything at all. I mean... every MA i use contains 3 lines (close, high and low). 3 times 5 = 15.... many many lines
Anyway... i don't know if it exists or even is possible to program but what i have been looking for avile now is an Moving Avarage indicator were i can set what kind of MA i want to use, the period of this MA.
It shall then plot it self in three different colours depending on if the MA is closer to the high of the same MA or closer to the low of the same MA. If the distance from high and low is the same it shall plot the third colour.
But.... is this even possible to program?
Regards / Joacim