Your choice of averages
Select EMA, SMA, WMA or RMA and set fast, medium and slow periods. Read their order, slope and the observation zone around the fast average.
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MA Guide V2
Set your criteria before you read the chart.
Choose trend and volume conditions. The chart marks WATCH and RECOVERY when those conditions are met.
$19.00One-time payment · No automatic renewal
Add to my chartComplete code ZIP + installation guide · Download after payment verification
- Pine Script v6
- Personal use and editing · No redistribution
- One-time payment · No automatic renewal
TradingView account required. Plans and market data cost extra where applicable. Any applicable tax is shown at checkout.
Refund terms ↗1-minute overviewEN · 1:03
Motion graphics drawn from real daily data · English voice and captions
Choose what to observe, not just more lines.
Separate contact from recovery
WATCH marks qualifying contact with the fast-average zone in an aligned trend. RECOVERY requires subsequent recovery conditions; neither is simply an MA crossover.
Keep the information you need
Choose higher-timeframe and volume filters, then adjust the panel and label count. Narrower conditions can reduce or eliminate labels.
Illustrations of features, not actual settings screens.
How it works
- Choose the average type and observation zone for your chart.
- Add higher-timeframe and volume conditions to narrow observations. Fewer or no markers may appear when conditions are not met.
- Switch between compact and detailed readings; adjust panel position, size and colors.
Three details to read on your chart
Actual PJP 4H screenshots: averages, observation labels and the reading panel.
Averages and observation zone
The fast, medium and slow averages appear together. ATR, a measure of recent price range, sets the width of the fast-average zone.
WATCH → RECOVERY
WATCH starts an observation. RECOVERY requires the subsequent conditions within the configured lifetime. Neither places an order.
Current state at a glance
Flow shows the trend state; Distance measures the close from the fast average in ATR units. MIXED means the averages do not form an aligned trend.
Observations use closed candles. The higher-timeframe filter uses the previous completed candle, so confirmation is delayed.
Same chart. What changes with confirmation filters?
Both screenshots use PJP 4H and EMA 20/60/120. Switch to the view with daily-trend and volume confirmation enabled.
TradingViewEMA 20 · 60 · 120
A WATCH does not guarantee a RECOVERY.
WATCH
WATCH marks a candle touching the zone around the fast average while the trend is aligned. It is not an MA crossover marker.
RECOVERY
After WATCH, upward RECOVERY requires a bullish candle to close above the zone and the previous high. Downward RECOVERY requires a bearish candle to close below the zone and the previous low.
Which labels do the filters screen?
Higher-timeframe trend agreement: When enabled, WATCH and RECOVERY require matching chart and higher-timeframe trends. Volume relative to its average: When enabled, WATCH and RECOVERY require candle volume at least equal to average volume × the chosen multiplier.
UP and DOWN indicate direction. Labels appear on closed candles; they are not buy or sell orders.
How it works
- Trend uses fast/medium/slow average ordering and medium/slow slopes. ATR, a measure of recent price range, sets the fast-average zone width.
- WATCH requires the close to remain on the trend side of the medium average without excessive distance from the fast average. A new zone touch and the configured cooldown are also required.
- RECOVERY is checked from the candle after WATCH, within the chosen lifetime. A trend change, a close across the medium average or excessive extension cancels the watch.
- EXTENDED separately marks a close reaching the chosen ATR distance from the fast average. Its labels are off by default and are not screened by these two filters.
What changes from the free edition?
The existing free editions remain available. The paid editions add controls and complete code for personal editing.
| Feature | Existing free editionMA Guide V1 | This source editionMA Guide V2 |
|---|---|---|
| Average types | EMA · SMA | EMA · SMA · WMA · RMA |
| Label filters | No higher-timeframe or volume filter | Matching higher-timeframe trend · volume versus average |
| Panel | Show or hide | Compact · Detailed, position and size |
Three steps to your chart
Complete code ZIP + installation guide · TradingView account required
- 01Download
- 02Paste the code
- 03Add to chart
For basic use, paste the supplied complete code into a new Pine Editor script, save and add it to your chart. Change options in Settings. Editing the calculation logic requires Pine Script knowledge.
Before you buy
Use it on your private charts without publishing the source.
Do I need coding experience?
For basic use, paste the supplied complete code into a new Pine Editor script, save and add it to your chart. Change options in Settings. Editing the calculation logic requires Pine Script knowledge.
Does a missing label mean an error?
No. Trend, contact, cooldown and recovery conditions must qualify. Optional filters narrow the conditions; missing volume blocks new WATCH/RECOVERY observations when volume confirmation is enabled.
Can I customize lines and panels?
Settings expose MA types and periods, directions, zone width, recent label count and panel position, size and detail. Changing calculation logic requires Pine Script knowledge.
Do I need TradingView?
Yes. Install with Pine Editor in your TradingView account. TradingView plans and market-data fees are not included.
Can I edit or share the code?
You can edit it for personal use. Sharing, redistribution and resale rights are not included.
Are investment returns guaranteed?
No. This is a chart-analysis tool, not a guarantee of trading results or returns.
How is this different from built-in MAs?
MA Ribbon already displays multiple averages in one indicator. V2 combines fast-average WATCH/RECOVERY records, optional trend/volume filters, a reading panel and source code for personal editing.
Do filters delay confirmation?
Yes. Observations use closed candles; the higher-timeframe filter uses its previous completed candle. Enabling conditions can reduce or remove labels, not establish better returns.
Read full terms
- Deliverables
- Complete Pine Script v6 code · installation guide in 8 languages · personal license
- Scope
- EMA, SMA, WMA, RMA and observation-zone controls · Higher-timeframe and volume filters · Editable panel position, colors and labels
- License
- The purchaser may use and edit the complete code of the purchased version in one personal account. Personal working copies and backups are allowed. The license is non-exclusive and non-transferable. ChartArmory retains copyright in the original code. Receiving source code does not transfer its copyright. Keep existing copyright notices in original and modified copies. This does not restrict independently created code or ideas. Do not share, publicly publish, redistribute through group purchases, resell or sublicense the original or modified code. Chart images that do not expose code may be shared. Uses permitted by mandatory law are not restricted. Use and edit in one personal account. No redistribution or resale. Bug support for 30 days from purchase.
- Refund terms
- Contact chartarmory@gmail.com. Non-delivery, defects or misdescription are corrected or refunded after review. Mandatory local cancellation and refund rights are preserved; assent or downloading alone does not waive them.
One-time payment, no renewal. Download from your verified order and delivery email. Platform accounts and market data are separate. A TradingView account, paid plan, market data and invite-only access are not included. Follow platform terms and data entitlements. This license is not platform approval to sell or use the product. This is a chart-observation tool, not investment advice, trade execution or a return guarantee. Losses are possible. Do not base trading decisions solely on the indicator.
TradingView account required. Plans and market data cost extra where applicable. Any applicable tax is shown at checkout.
MA Guide V2
Read the chart with your own criteria.
One-time payment · No automatic renewal
$19.00One-time payment · No automatic renewal
Add to my chart