arimma wrote: Wed May 14, 2025 2:13 pm
Hello Kvak
Would you be so kind to update this beautiful indicator with all latest averages option
Thanks in advance
Price crossing the High & Low channel of a Moving Average with E-Averages Filters
Hello.
Here is new version. In this average pack is some new types. the first four on the list are non-periodical averages ( period don't affect calculation ).
It is based on previous daily/weekly/monthky range. In first picture is smoothed weekly ratio ma ( it is inspired from tradingview ).
And the fourth is vwap.
Also made this indicator more universaly, histogram colors may be based on center line slope or price cross.
What is the Price Cross indicator based on?
This histogram will highlight whenever price crosses a Moving Average's "Channel".
The Channel which is not visible on the chart is set to a 34 period EMA (by default).
This means the indicator is checking two EMA's; a 34 period EMA that is Applied to "High" and a 34 period EMA that's Apllied to "Low".
When price crosses either boundaries, it will print a signal in the subwindow's histogram.
PS: This indicators original idea can be traced to this
post.