This indicator displays a change in chart background color when two moving averages of your choice cross over. Or you can choose to display a shaded rectangle instead of the chart background color shading. A third option is that you can display both, the background and the rectangle shading simultaneously.
You can select an offset, by a number of bars, to start displaying after the moving averages have crossed.
There is an option to plot the moving averages selected.
The available moving averages you can select include:
EMA,
SMA,
HMA,
WMA,
DEMA,
TMA,
TEMA,
ZLEMA,
VMA
UPDATED (2021 Feb 11 - Version 1.1): Allow you to select one moving average type for the slow MA and a different moving average type for the fast MA.
UPDATED (2021 Feb 15 - Version 1.2): Added VMA to the list of available moving average types.
UPDATED (2021 Mar 11 - Version 1.3): Added KAMA & MAMA to the list of available moving average types.
December 20th, 2023 01:07 PM ballhaj Excellent !!!!
December 4th, 2023 07:45 PM topdogtony Hello - you did a fantastic job on this indicator I use it on the 5 min chart, if I can make a suggestion or 2, 1st reg
arding the alert can you code the ability to use alert of choice. 2nd can you include as an extra confirmation signal a
n RSI and Divergence? Sorry if I'm asking too much you already have done a great job-------Thank you.
September 1st, 2023 05:30 PM sunshnpeg
June 25th, 2022 06:09 AM alesiosc
January 10th, 2022 01:33 PM daytrader2021 This is by far the best indicator I have downloaded from this site. Only ask would be a way to move the text out of the
way without going to properties. Outside of that love it.