Chilllax Moving Averages with Qullamaggie Colors evaluates the alignment and directional slope of both averages compared to their values a set number of bars ago. Based on these conditions, it highlights market regimes via background coloring: dark green when both averages trend upward in bullish alignment, light green when only the faster average rises, yellow when neither rises, and red when both slope downward in bearish alignment. Users can toggle between simple and exponential averages and customize lengths, sources, and trend lookback periods.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
yourmama
string
SMA
yourmama
First MA length
int
10
ma1
OHLC
source
close
src1
Second MA length
int
20
ma2
OHLC
source
close
src2
number of bars to determine uptrend
int
5
trendlen
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
The Adaptive Laguerre Filter calculates a smoothed, dynamically adjusted trendline plotted directly on the main price chart. It dynamically adjusts its damping factor (alpha) based on recent price range variations and median percentile calculations over a spec
This script plots three moving averages on the price chart: a fast EMA or SMA with 10 periods, a slow EMA or SMA with 20 periods, and a trend EMA or SMA with 100 periods. It signals trend changes by drawing a white cross when the fast moving average crosses ab
This indicator plots four customizable moving averages directly on the main price chart using default lengths of 3, 8, 21, and 50 periods. It fills the space between adjacent averages in green or maroon depending on trend alignment. Additionally, it computes B
This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre
Donald SPX - Options Trading is an overlay indicator designed for intraday SPX analysis. It plots a 200-period Weighted Moving Average (WMA) on the price chart while evaluating multi-timeframe market structure across Daily, 15-minute, 5-minute, and 2-minute ba
This multi-timeframe indicator calculates and plots 20-period and 60-period simple moving averages from the 60-minute timeframe directly onto the price chart. The 20-period average displays as a green line, while the 60-period average appears in blue. It serve