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Madrid Moving Average

Madrid Moving Average

Regular price $0.00 CAD
Regular price Sale price $0.00 CAD
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License Type

Elevate your trading strategy with the Madrid Moving Average, a dynamic indicator that seamlessly integrates 19 moving averages, ranging from lengths 5 to 100 with increments of 5. This unique approach is designed to provide a holistic view of the market bias, offering a visual representation of price bouncing from specific moving averages.

Key Features:

  1. Multi-MA Fusion: Madrid Moving Average combines the power of 19 moving averages to confirm the overall market bias. The inclusion of varying lengths, from 5 to 100, ensures a comprehensive analysis of price dynamics.

  2. Visual Price Interaction: Witness the market in action as the moving averages change color dynamically, transitioning from bullish to bearish. The indicator provides an intuitive visual display of price interactions with specific moving averages.

  3. Baseline Reference: The Madrid Moving Average introduces a baseline at 100, acting as a reference point. The moving averages change to a lighter color when above or below this baseline, providing a quick reference for trend strength.

  4. User-Friendly Customization: Enjoy the simplicity of using the indicator with easy-to-use customization options. Visualize the strength of the trend with the power indicator, showcasing the number of moving averages where the close price is above or below. A positive value (+18) signifies the close price is above all MAs, while a negative value (-18) indicates the price is below all MAs.

All plots are available for Algo Traders or automation professionals to program their back-testing scripts.

 

Features

- Trend Following
- Trend Filter
- Confluence
- Bounce Trading

Recommended Timeframe

All Timeframes

Supported Systems

NinjaTrader 8, SharkIndicators Bloodhound 1 or 2, and SharkIndicators Blackbird 1

Version

1.0

First Release Date

View full details
  • License Terms

    Prices presented above are per Single Machine.

    Version minor upgrades and bug fixes are included within the lifetime license. For more license details, review Terms of Service

  • Refund Terms

    7-days 100% money back guarantee when trial licenses was not offered for the customer. For more details, review Refund Policy