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14 Moving Averages in a Single Indicator Slot: For Those Struggling with TradingView's Limits


I believe that the less information you have on a chart, the better.

The more lines you add, the slower your decision-making becomes. That is why I usually keep only the necessary lines and remove the rest.

However, there are times when I run into trouble—specifically, when I don't want to reduce the number of lines, but I've run out of indicator slots. situations.


One moving average fills one slot.

TradingView has a limit on the number of indicators you can add to a chart. The free plan allows for only two.

The tricky part is that even adding just one moving average counts as "one indicator."

Indicators that include multiple calculations, like the RSI, and a single moving average consume the same amount of space. Once you display a 20 EMA and a 50 EMA, your free plan slots are full. If you want to add a 200 SMA, you have no choice but to delete one of the others.

I have repeated this swapping process countless times.


I combined 14 lines into one slot.

Multi MA Ribbon Pro

This is an auxiliary tool that displays up to 14 moving averages in a single indicator slot.

Normally, displaying 14 moving averages would consume 14 slots. Naturally, this wouldn't fit on a free plan. With this tool, it only consumes one slot. Even on a free plan, you can display 14 lines and still have room to add another indicator.

Returning to my opening point: I don't want to display 14 lines. I want to be able to choose only the lines I need without worrying about slots. This tool is for that purpose.


You can turn them off one by one.

For those of you thinking, "Won't the screen get cluttered if 14 lines appear?"—let me clarify first.

Each of the 14 lines comes with a checkbox to show or hide it.

You can uncheck the lines you don't use to hide them. And no matter how many you hide, it still only consumes one slot.

For example, you can choose to display only three lines: the 20, 50, and 200. It looks no different from three standard moving averages. Yet, it still only uses one slot. You can then use the remaining slots for whatever you like, whether it's an RSI or a MACD.

As I wrote at the beginning, I believe the less information on a chart, the better. This tool is not for "increasing the number of lines," but for "being able to choose lines without worrying about slots."

You can also change the colors and thicknesses.

We have also made necessary visual adjustments available.

  • Show / Hide … All 14 lines individually. Simply uncheck the box.

  • Period … All 14 lines individually. Simply enter the numerical value.

  • Color … All 14 lines individually. Alternatively, select one base color, and 6 levels of shading will be generated automatically.

  • Line Thickness … 1 to 4 levels for each short-term and long-term group.

  • Moving Average Type … Select from EMA / SMA / WMA / RMA / HMA for each short-term and long-term group.

  • Source Value … Close, Open, hl2, hlc3, etc.

The settings screen is organized so that the 'Display Check, Period, and Color' for each line are aligned horizontally. Even with 14 lines, it does not stretch too far vertically, allowing you to reach the line you want to change immediately.

All item names on the settings screen are in Japanese.


You can understand the state just by looking at the colors.

This is the core of this tool.

When there are 14 moving average lines, it is difficult to track their relative positions visually.It determines their order and converts it into colors.

Background Color

The background of the entire chart changes to one of three colors depending on the state.

  • Green Background … State where the moving averages are aligned in an ascending order.

  • Red Background … State where the moving averages are aligned in a descending order.

  • Yellow (Orange) Background … State where the cluster of lines is narrowing. Not aligned either upward or downward.

  • No Background … State that is none of the above.

In short, green and red distinguish that the 'direction is aligned,' while yellow indicates 'no clear direction.' It turns yellow in situations where price action is moving back and forth.

Yellow is given the highest priority.

This is important, so I will state it clearly.

When the lines are tightly clustered (yellow), the background will be yellow even if the order is aligned. Green or red will not appear.

The reason is simple: even if the moving averages are in order, if all 14 lines are tightly packed, it means there is no clear direction. In situations where the order alone would be judged as "aligned," there is actually no directional trend. This discrepancy is resolved by the priority of the colors.

The order in which the background colors appear is as follows:

  1. Yellow → Lines are tight. No clear direction.

  2. Green → Bullish alignment and spreading out.

  3. Red → Bearish alignment and spreading out.

  4. No color → Alignment is broken.

Ribbon Colors

Apart from the background, the cluster of lines itself also changes color. There is a ribbon for the 6 short-term lines and a ribbon for the 6 long-term lines.

  • Green ribbon … That group is aligned in a bullish order.

  • Red ribbon … That group is aligned in a bearish order.

  • Gray ribbon … The alignment of that group is broken.

The short-term ribbon and long-term ribbon change colors independently.

Therefore, it is normal for a state to occur where "the short-term ribbon is green, but the long-term ribbon is gray." This means only the short-term is aligned, while the long-term is not yet aligned. It is not a malfunction.

There are also times when the ribbon is colored even if the background color is not appearing. This is because the background looks at whether "both groups are aligned," while the ribbon looks at whether "that specific group is aligned."

Colors can be changed freely

The default settings are green, red, and yellow, but all three colors can be changed from the settings screen. You can also adjust the transparency, so if the background color is too dark and makes the candlesticks hard to see, you can make it lighter. You can also turn off the background color entirely.


What is displayed

14 Moving Averages

The default setting is configured as a GMMA (Guppy Multiple Moving Average).

  • Short-term group (6 lines) … 3 / 5 / 8 / 10 / 12 / 15

  • Long-term group (6 lines) … 30 / 35 / 40 / 45 / 50 / 60

  • Additional 2 lines (optional) … 100 / 200 (hidden by default)

All periods can be changed. If you do not use GMMA, please display only the number of lines you need.

You can choose from 4 levels of criteria for determining the alignment order.

You can choose how strict the criteria for "aligned" should be.

  • Perfect PO (default)
    The 6 short-term lines are aligned, the 6 long-term lines are aligned, and the entire short-term group is outside the long-term group. This is the strictest condition and rarely occurs.

  • Alignment of both groups
    Only the alignment order is checked. The positional relationship between the groups is not required.

  • Short-term group only
    Only the alignment of the 6 short-term lines is checked. This is the setting that is easiest to satisfy.

  • Long-term group only
    Only the alignment of the 6 long-term lines is checked.

The default "Perfect PO" is a state where the slowest short-term line is outside the fastest long-term line.Since the background is colored only when the conditions are met, you can use it by ignoring everything else. usage.

If you feel the background is not coloring at all, please loosen it to "Alignment of both groups".

Displaying the convergence of lines numerically as well

The judgment of "narrow" is performed numerically, not by intuition.

The vertical range of the long-term group is measured as a ratio to the ATR (average range per bar).Because it is divided by the ATR, the same setting values can be used as-is for Gold, USD/JPY, or Nikkei. There is no need to readjust for each symbol.

The measured values are displayed in the status panel, so you can decide the criteria for "narrow" while looking at them.

Period display at the right edge

When 14 lines are lined up, it becomes difficult to tell which line is which. The period value is displayed at the right edge of each line. You can hide it if it is unnecessary.

Status panel

Displays the current status collectively in the corner of the chart. Position and size can be changed.

パーフェクトオーダー : 上昇PO ▲
短期グループ : 順行(上昇)
長期グループ : 順行(上昇)
グループの位置関係 : 短期が上
リボン幅 短/長 : 0.42 / 1.86
リボンの状態 : 拡散

When you want to check 'why the background color is this way right now,' you can see the reason by looking at these 6 lines.

Notifications

You can set TradingView notification functions for 5 state changes.

  • Bullish Perfect Order Established … When the bullish alignment is complete

  • Bearish Perfect Order Established … When the bearish alignment is complete

  • Perfect Order Broken … When the established alignment collapses

  • Ribbon Contraction Started … When the cluster of lines narrows

  • Ribbon Expansion Started … When it spreads from a narrow state

All of these notify you that 'the screen has changed like this right now.'


Who is this for and who is it not for

Who is this for

  • Those who run out of indicator slots and keep swapping them out

  • Those who want to display 3 or more moving averages

  • Those who use GMMA, or want to try using it

  • Those who have a paid plan but want to use slots for other analyses

Who is this not for

  • Those who only use 1 or 2 moving averages
    → Standard features are sufficient. There is no need to purchase

  • Those who want the buy/sell decisions themselves indicated
    → This is a tool for display. No arrows will appear


How to install

The paid area of this article contains the code you can use as-is.

  1. TradingView Open

  2. Open the "Pine Editor" at the bottom of the screen.

  3. Select and copy all of the code in the paid area, then paste it into the editor.Select all and copy and paste it into the editor.

  4. Click "Add to Chart".

That's it. It takes less than a minute.It also works on the free plan.

No programming knowledge is required. Just paste it. All settings can be changed from the gear icon settings screen, just like any standard indicator.

If I release an update, I will update this article.No need to repurchase. Simply replace it with the new code to get the latest version.


Notes

This does not indicate buy/sell decisions.
It does not display arrows or entry points. It is a tool for efficiently displaying moving averages and visualizing their state through color. Just because the background turns green does not mean future price movements are determined. It is strictly a display of the current state of how the lines are arranged.

Please refrain from redistribution or resale.
Use is limited to the purchaser themselves. Using it on your own charts across multiple devices or accounts is fine.

Display may take time.
Because it draws 14 lines, it may take time to render on extremely old devices or when displaying a very long period at once. Hiding unused lines will make it lighter.

Plan details are subject to change.
TradingView's indicator limits for each plan may change. Please check your plan's limits on the official website. The point that "14 lines fit in 1 slot" remains the same for all plans.

This is not investment advice.
This article and this tool are intended for display assistance and do not recommend specific trades. Please make investment decisions at your own risk.

This article contains TradingView referral links.
If you register via the link, I may receive a referral fee. This does not affect the tool's operation, price, or the content posted.

Other tools I have created


Price

980 JPY

You will never have to swap indicators again. That is all the information you need to decide.

What is included

  • Full source code (ready to use by copy-pasting)

  • Explanation of all parameters (approx. 40 items, including default values and adjustment guidelines)

  • Detailed explanation of color settings and behavior

  • Setting recipe collection (5 types)

  • Notification setup procedure

  • Troubleshooting list for display issues

  • Updated versions (no need to repurchase)


Frequently Asked Questions

Q. Can I use this with the free plan?
A. Yes, you can. Display, setting changes, and the panel all work. Only the number of simultaneous notifications is limited by your plan.

Q. Do I need programming knowledge?
A. No, you don't. Just copy and paste. The settings screen is also in English.

Q. The background color is distracting; can I turn it off?
A. Yes, you can. There are settings to turn off the background color entirely, as well as settings to increase transparency to make it lighter. You can also change the colors.

Q. I don't need 14 lines.
A. Please hide the lines you don't use.Even if you only display 3 lines, it still only uses one indicator slot. In fact, this might be the more common way to use it.

Q. I don't know what GMMA is.
A. That's no problem. GMMA is simply a way of looking at things by comparing a 'group of short periods' with a 'group of long periods.' If you change the periods to your preferred values, you can use it as a standard multiple moving average indicator.

Q. Is there an MT4 / MT5 version?
A. TradingView exclusive.

Q. Can I increase it to 15 or more?
A. In the current version, 14 is the limit. If there is enough demand, I will consider expanding it.

Q. Can I use it on multiple charts?
A. Yes, you can. Once you add it, you can apply it to any chart in your account.

Q. Can I get a refund?
A. I cannot offer refunds. This is because the full code becomes accessible immediately upon purchase. As a basis for your decision, I have included all the information displayed in this free area. Please check it before purchasing.


Finally

I got tired of closing the "Indicator limit reached" message.

I made this thinking there might be others who feel the same way. It is just a tool for that purpose.




ここから先は

24,050字

¥ 980

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