LEO MOVING AVERAGE + SUPPORT/RESISTANCE

LEO MOVING AVERAGE + SUPPORT/RESISTANCE

Hi all

I were looking for and indicator that do not move so quickly as the Hull Moving Average but no lagging like exponential or weighted moving average, so I created my own in a very simple arithmetic way.

The indicator also show support and resistance with locating the locals max and min

Hope you like it and continue improving it.

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moving average no lag no lagging support and resistance trend
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10/18/2017

7 posts • 76 Followers
  1. avatar
    jebus89 • 10/18/2017 #

    Interesting indicator, will play with this, thanks for your contribution!

  2. avatar
    Genotik • 10/18/2017 #

    Merci de votre contribution !

  3. avatar
    Leo • 10/18/2017 #

    Hi all,
    I posted a new version of this indicator ( I just add arrows to spot the local maximums and local minimums
    here
    https://www.prorealcode.com/topic/dobule-bottom-or-double-top/

  4. avatar
    Trading_En_El_Ibex35 • 10/18/2017 #

    Muchas Gracias por compartir este interesante indicador.
    Un saludo

  5. avatar
    xavieralava • 10/18/2017 #

    hola gracias leo

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