MTF Stacked Moving Averages

[EverGratefulMoneyMagnet]

i am looking for an indicator that shows bullish / bearish / neutral EMA stacking based on 8,21,34, 55, 89 EMA for multiple timeframes. I assume it is available somewhere (or some version of it that i can customize) in this thread or on the site, but I just haven't been able to find it. After 15 min of searching, I figured it would be easier to just ask. Thank you in advance to pointing me to it. Some of the MTF posts above seemed too complex for me to decipher and customize and even know if they meet my requirement.

 

[halcyonguy]

i am looking for an indicator that shows bullish / bearish / neutral EMA stacking based on 8,21,34, 55, 89 EMA for multiple timeframes. I assume it is available somewhere (or some version of it that i can customize) in this thread or on the site, but I just haven't been able to find it. After 15 min of searching, I figured it would be easier to just ask. Thank you in advance to pointing me to it. Some of the MTF posts above seemed too complex for me to decipher and customize and even know if they meet my requirement.

try searching for ribbon
https://usethinkscript.com/search/1510158/?q=ribbon&o=date

maybe this,
https://usethinkscript.com/threads/all-the-moving-average-ribbons-for-thinkorswim.3122/#post-135642

or this,
https://usethinkscript.com/threads/slim-ribbon-indicator-for-thinkorswim.245/

 

[RDMercer]

try searching for ribbon
https://usethinkscript.com/search/1510158/?q=ribbon&o=date

maybe this,
https://usethinkscript.com/threads/all-the-moving-average-ribbons-for-thinkorswim.3122/#post-135642

or this,
https://usethinkscript.com/threads/slim-ribbon-indicator-for-thinkorswim.245/

The "MovAvgExpRibbon" is the TOS study your after... it can handle up to 8 plots.

 

[henry1224]

Declare Lower;
Input APC =0;
input Arrows = 0;
input Dotsize = 2;
Def EM8 = ExpAverage(Close,8);
Def EM21 = ExpAverage(Close,21);
Def EM34 = ExpAverage(Close,34);
Def EM55 = ExpAverage(Close,55);
Def EM89 = ExpAverage(Close,89);
Def Cu1 = EM8 >= Max(EM21,Max(EM34,Max(EM55,EM89)));
Def Cu2 = EM21 >= Max(EM34,Max(EM55,EM89));
Def Cu3 = EM34 >=Max(EM55,EM89) ;
Def Cu4 = EM55 >= EM89;
Def CD1 = EM89 >= Max(EM55, Max(EM34, Max(EM21, EM8)));
Def CD2 = EM55 >= Max(EM34, Max(EM21, EM8));
Def CD3 = EM34 >= Max(EM21, EM8);
Def CD4 = EM21 >= EM8;
Def Tup = (Cu1 + Cu2 + Cu3 + Cu4 );
def Tdn = (Cd1 + Cd2 + Cd3 + Cd4 );
Plot Str =.5 *(Tup - Tdn);
Plot StrR = Str[1];
Str.SetPaintingStrategy(PaintingStrategy.LINE);
Str.AssignValueColor(if STR >=Str[1] then Color.Cyan else Color.Magenta);
StrR.SetPaintingStrategy(PaintingStrategy.LINE);
StrR.AssignValueColor(if STRR >=STRR[1] then Color.Cyan else Color.Magenta);
Plot UZA = If(Average(Str,34) + (1.618*StDev(Str,34))) >= 10.5 then 10.5 else Average(Str,34) + (1.618*StDev(Str,34)) ;
Plot LZA = if(Average(Str,34) - (1.618*StDev(Str,34))) <= -10.5 then -10.5 else Average(Str,34) - (1.618*StDev(Str,34));
Plot UL = 10.5;
Plot LL = -10.5;
UL.SetDefaultColor(Color.Gray);
LL.SetDefaultColor(Color.Gray);

UZA.SetPaintingStrategy(PaintingStrategy.LINE);
LZA.SetPaintingStrategy(PaintingStrategy.LINE);
UZA.SetDefaultColor(Color.yellow);
LZA.SetDefaultColor(Color.yellow);
AddCloud(Str,StrR, Color.Cyan,Color.magenta);
def mx = Max(Str,StrR);
def mn = Min(Str,StrR);
Addcloud(mn ,0, Color.Light_Green,Color.Black);
Addcloud(mx ,0, Color.Black,Color.Light_red);
AssignPriceColor(if APC ==1 && Str >= 0 then Color.Cyan else if APC ==1 && Str <0 then Color.Magenta else if APC ==2 && Str >= StrR then Color.Cyan else if APC ==2 && Str <= StrR then color.Magenta else Color.Current);

#ARROWS
plot ArrowDown = if arrows == 1 && (Str Crosses below 0) then 0 else if Arrows ==2 && Str Crosses below StrR then mx else double.nan;
ArrowDown.setpaintingStrategy(paintingStrategy.Arrow_Down);
ArrowDown.setDefaultColor(color.Yellow);
ArrowDown.setLineWeight(dotsize);

plot ArrowUp = if arrows == 1 && (Str crosses above 0 ) then 0 else if Arrows ==2 && Str crosses above StrR then mn else double.nan;
ArrowUp.setpaintingStrategy(paintingStrategy.Arrow_Up);
ArrowUp.setDefaultColor(color.Yellow);
ArrowUp.setLineWeight(dotsize);