Triple Power Moving Average v.02 by @Nico.Muselle

ALL THE POWER OF MULTIPLE MOVING AVERAGES ---- NOW COMPLETELY FOR FREE

Did you ever want to apply the Daily Moving Averages to an hourly chart ?
Are you tired of switching between time frames for seeing where that moving average is on the higher time frame ?
Do you want to display these moving averages on your current time frame ?

NOW YOU CAN !

In comes the Power Moving Average which offers you the opportunity to :

Display moving averages of any (higher) time frame you wish

In this version we added 4 hour, 6 hour, 8 hour and 12 hour selection for your moving averages

Select which type of Moving Average you want to display
Select up to 3 different types, lengths and time frames to display

Power Moving Average offers the following types of averages :

SMA - Simple Moving Average

EMA - Exponential Moving Average

WMA - Weighted Moving Average

VWMA - Volume Weighted Moving Average

RMA


See the configuration options here :
i.imgur.com/WE7wXkW.jpg


Q : Why are the Power Moving Averages not smooth historically ?
A : As the moving average is calculated on the close of the higher time frame and this close does not change for X- candles, the moving value does not change

Q : Can I add more than one Power Moving Average ?
A : Yes you can, just apply the Power Moving Average multiple times to your chart (free TradingView accounts are limited to 3 indicators)

Q : Can I apply lower time frame Moving Averages ?
A : While this is possible, the value will change during your current time frame candle, this might however be something scalpers want ?

Q : I have a free TradingView account and reached my indicator limit, what can I do ?
A : There are 2 possible solutions, first one is to get a TradingView Pro account (www.tradingview.com/gopro), second option is to get our Triple Power Moving Average for FREE.


If you like the indicator, please like and share !

Thank you !

版本注释:

Re-arranged the time frames in the selection box from low to high.