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Moving Average Shift [ChartPrime]

Moving Average Shift [ChartPrime] indicator combines multiple moving average (MA) types with a unique MA Shift Oscillator to help traders visualize trend direction, price deviations, and mean reversion states.
⯁ KEY FEATURES
⯁ HOW TO USE
⯁ CONCLUSION
The Moving Average Shift [ChartPrime] indicator is a powerful tool that merges trend-following and mean reversion strategies into one comprehensive system. By allowing traders to select different types of moving averages, it provides flexibility in trend analysis while visually enhancing price action with dynamic candle coloring. The MA Shift Oscillator further strengthens decision-making by detecting deviations and highlighting potential mean reversion points.
⯁ KEY FEATURES
- Customizable Moving Averages: Choose from SMA, EMA, SMMA (RMA), WMA, or VWMA.
- Trend-Based Coloring: Candles are dynamically colored based on price position relative to the MA.
- MA Shift Oscillator: Identifies price deviations and potential mean reversion zones.
- Threshold Filtering: Helps filter mean reversion signals using a user-defined threshold.
- Diamond Signals for Mean Reversion: Plots diamonds on the chart when the oscillator crosses back above or below the threshold level.
- Oscillator Color Coding: The oscillator has four color states:
⯁ HOW TO USE
- Use the indicator to follow the trend based on MA direction and price relation to it.
- The MA Shift Oscillator helps identify potential mean reversion points where price may revert toward the MA.
- The threshold setting allows traders to filter out weak mean reversion signals and focus on significant shifts.
- The four-color oscillator visually indicates trend momentum and potential trend shifts.
⯁ CONCLUSION
The Moving Average Shift [ChartPrime] indicator is a powerful tool that merges trend-following and mean reversion strategies into one comprehensive system. By allowing traders to select different types of moving averages, it provides flexibility in trend analysis while visually enhancing price action with dynamic candle coloring. The MA Shift Oscillator further strengthens decision-making by detecting deviations and highlighting potential mean reversion points.
开源脚本
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。