Configurable Triple Moving Averages Across Timeframes and Candle Types

Summary

This chart indicator plots three independently configured moving averages. For each, users can select a period, source, calculation type, timeframe, and candle construction, including Heikin-Ashi and several synthetic chart types. The available calculations include common simple, exponential, weighted, and volume-weighted averages, plus other variants. Optional inclusion highlighting and ghost trails emphasize recent portions of the plotted averages, while crossover alert conditions cover average-to-average and price-to-average events. A SuperTrend overlay can also be enabled.

The indicator adds short forward projections for each average when using the current timeframe. These projections replace part of the averaging window with the current source and apply an adjustable neutral, bullish, or bearish ATR-based bias. The script exposes many display and calculation options, but the document provides no empirical evidence that its forecasts predict future prices or improve a trading strategy. Forecasts are model-based visual estimates, and multi-timeframe, synthetic-candle, and forecast settings may produce values that differ from ordinary averages of chart closes.

Key ideas

• Each of the three averages can use separate periods, methods, sources, timeframes, and candle types.
• The indicator offers crossover alerts between averages and between price and each average.
• Optional ghost trails highlight recent average history, while SuperTrend can be shown as an additional overlay.
• Forward projections adjust the averaging window and can add an ATR-based directional bias.
• The document supplies no test evidence for forecast accuracy or trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.