TMAGi is an oscillator based on three moving averages and the +DI and -DI lines of the ADX indicator. It indicates the market state: uptrend/downtrend/flat.
Configurable parameters:
- Fast MA period – fast MA calculation period
- Middle MA period – middle MA calculation price
- Slow MA period – slow MA calculation price
- SMA slowing – SMA smoothing period
- LWMA slowing – LWMA smoothing period
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//PRC_TMAGi | indicator //05.10.2018 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //converted from MT4 version // --- settings FastMA=8 MidMA=16 SlowMA=25 SlowingSMA=3 SlowingLWMA=8 // --- end of settings ma1=average[FastMA] ma2=average[MidMA] ma3=average[SlowMA] Buf = Abs(ma1-ma2)+Abs(ma2-ma3)+Abs(ma1-ma3) idi=DIplus[14](high)-DIminus[14](low) Buf = Buf * (idi/pointsize) SG = average[SlowingSMA](Buf) BS = WeightedAverage[SlowingLWMA](Buf) return SG coloured(30,144,255) style(dottedline,3), BS coloured(220,20,60) style(line,3), 0 coloured(169,169,169) style(dottedline) |
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ProRealTime ITF files and other attachments :
Filename : download the ITF files
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