This indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading By default, this indicator includes: - 21/50/100/200 period smoothed simple moving average - great for determining trends - also act as support / resistance line for price - 9 period exponential moving average - fast trend / direction indicator - Volume Weighted Average Price - no explanation required - TICK sentiment as background fill - overall market sentiment and direction - +/- 500 levels are colored green/red and are usually indication of institutional order flow --> critical for trading indexes such as SPY or QQQ - deep green/red background indicates +/-1000 on the TICK, which are usually associated with overbought or oversold
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Added another EMA line Added alert conditions for TICK