Moving Average Ribbon: -----------------------------------------------------------
A series of moving averages of different lengths to create a ribbon-like indicator. Traders can determine trend strength by the distance between the moving averages, the overall balance of the coloured lines and determine price points. Price movements through the ribbon can be used to identify trend changes.
SMA, EMA, WMA with user defined length, starting plot, number of plots to show, theme choice and colour calculation toggle.
if increasing the length beyond around 150 results in "references too many candles in history" error then reduce the no. of MAs value to show less MA plots; the longer length MAs will go beyond the 5k max candle history..
I modified the settings to SMA on 7 day length (reduced from 13 to smooth out since EMA to SMA becomes more gappy) and increased 'Start' to 6 to tighten general trend. Got this:
BTC is obviously trending way under historical SMA; massive bear-ish price squeeze in effect right now. Largely predicated on uncertainty of future of SPX
Super well done man. I wish I could do what you do.
I modified the settings to SMA on 7 day length (reduced from 13 to smooth out since EMA to SMA becomes more gappy) and increased 'Start' to 6 to tighten general trend. Got this:
BTC is obviously trending way under historical SMA; massive bear-ish price squeeze in effect right now. Largely predicated on uncertainty of future of SPX
Super well done man. I wish I could do what you do.