Smoothed Candle Averages- NovaTheMachine

This script utilizes a series of moving averages that the user is able to change as they see fit for their own use.

The averages plotted for the first 2 waves are the High-Low rays of the selected period of time with the chosen moving average style.

The Bias is the Heikin Ashi High-Low ray plotted over the chosen time period, while the Secondary Bias is a higher Timeframe Bias for the same period of time on a selected higher timeframe.

The visuals for each ray are able to be changed to either; lines, solid wave, or dynamic wave.
The Dynamic waves will change color according to the total dissection and utilize the Min-Max range selected as a weight for the strength of the trend. Thus providing an at-a-glance overview of the price relative to trend.

The key objective with this script is to gauge the longer term trend with the current price action, to establish patterns and determine strength of moves both away from and towards the moving average/bias.

When both waves are trending with the Bias, it can be reasoned that there is a strong trend established, when waves and Bias are mixed or trending sideways it can be reasoned there is a range forming or potential for a direction change. When price has broken the waves and biases we can reasonably assume that a new trend has been formed, using the waves and biases again to determine the strength and length of the trend.

The Table will display whether the current price is above or below each wave, and whether the price is continuing or retracing. The Signals plotted are used to help identify when price has broken a wave more swiftly.