Multiple timeframe Moving Average indicator question
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Hello fellow coders!
I was wondering if anyone could point me in the right direction. I am looking for an indicator using Moving Averages to evaluate a currency pairs trending/ranging conditions.
It uses 7 currency pairs - USD/JPY, USD/CAD, USD/CHF, EUR/USD, GBP/USD, NZD/USD, AUD/USD.
Evaluates conditions through Moving Averages crossovers. For example if 5SMA of the Close > 10SMA of the Close & 5SMA of the Close > 20SMA of the High = Arrow up, strong uptrend.
It creates a neat table showing you the current conditions for these 7 pairs and 7 time frames (15MIN,30MIN,1H,4H,1D,1W,1M).
Something like this:
* There is 5 types of arrows inside the table - up = strong uptrend,green (defined as 5SMA of the Close > 10SMA of the Close & 5SMA of the Close > 20SMA of the High)
- down = strong downtrend,red ( defined as 5SMA of the Close < 10SMA of the Close & 5SMA of the Close < 20SMA of the Low)
- flat (or pointing to the right) = range,yellow (defined as 5SMA of the Close < 20SMA of the High & 5SMA of the Close > 20SMA of the Low)
- halfway between flat and up = uptrend,light green (defined as 5SMA of the Close < 10SMA of the Close & 5SMA of the Close > 20SMA of the High)
- halfway between flat and down = downtrend,light red ( defined as 5SMA of the Close > 10SMA of the Close & 5SMA of the Close < 20 SMA of the Low)
Does anyone possibly know of any similiar piece of code? Any hints or clues are welcome!
Thanks in advance.
Best regards,
ruth