EdgeTalk

Here is a chart of FB using 8 moving averages




http://imgur.com/a/WMQIY

the ma lengths are 4,8,12,16 the long term ma's are 20, 40, 60, 80 witch are 5X the shorter MA's length

as moving averages take time to move they consolidate and breakout

The indicator shows the relationship among all 8 MA's, You can see how the long term ma's control the direction and the short term Ma's control the signal

Here is the code for comparing 8 MA's 4 fast ma's and 4 slower Ma's

under the parameter tab

N1 Double 4 4 100
N2 Double 8 6 120
N3 Double 12 8 140
N4 Double 16 10 160
N5 Double 20 15 200
N6 Double 40 20 240
N7 Double 60 40 280
N8 Double 80 60 320


Now for the code


Price:= (O+H+L+C)/4;
SMA1:=MA(Price,N1);
SMA2:=MA(Price,N2);
SMA3:=MA(Price,N3);
SMA4:=MA(Price,N4);
SMA1a:=MA(Price,N5);
SMA2a:=MA(Price,N6);
SMA3a:=MA(Price,N7);
SMA4a:=MA(Price,N8);

P5:=If(SMA1 > SMA2 & SMA2 > SMA3 & SMA3 > SMA4,5,0),Width2,PointDot,ColorGreen;
Con4A:= If(SMA1 > SMA2 & SMA2 > SMA4 & SMA4 > SMA3,4,0);
Con4B:= If(SMA1 > SMA3 & SMA3 > SMA2 & SMA2 > SMA4,4,0);
Con4C:= If(SMA2 > SMA1 & SMA1 > SMA3 & SMA3 > SMA4,4,0);
P4:= (Con4A + Con4B + Con4C),Width2,PointDot,ColorGreen;
P3:= If(SMA2 > SMA1 & SMA1 > SMA4 & SMA4 > SMA3, 3,0),Width2,PointDot,ColorGreen;
Con2A:=If(SMA1 > SMA3 & SMA3 > SMA4 & SMA4 > SMA2,2,0);
Con2B:=If( SMA1 > SMA4 & SMA4 > SMA2 & SMA2 > SMA3,2,0);
Con2C:=If(SMA2 > SMA3 & SMA3 > SMA1 & SMA1 > SMA4,2,0);
Con2D:=If(SMA3 > SMA1 & SMA1 > SMA2 & SMA2 > SMA4,2,0);
P2:= (Con2A + Con2B + Con2C + Con2D),Width2,PointDot,ColorGreen;
Con1A:=If(SMA1 > SMA4 & SMA4 > SMA3 & SMA3 > SMA2,1,0);
Con1B:=If(SMA3 > SMA2 & SMA2 > SMA1 & SMA1 > SMA4,1,0);
P1:= (Con1A + Con1B),Width2,PointDot,ColorGreen;
M5:= If(SMA4 > SMA3 & SMA3 > SMA2 & SMA2 > SMA1, -5,0),Width2,PointDot,ColorRed;
ConM4A:=If(SMA3 > SMA4 & SMA4 > SMA2 & SMA2 > SMA1,-4,0);
ConM4B:=If(SMA4 > SMA2 & SMA2 > SMA3 & SMA3 > SMA1,-4,0);
ConM4C:=If(SMA4 > SMA3 & SMA3 > SMA1 & SMA1 > SMA2,-4,0);
M4:= (ConM4A +ConM4B + ConM4C),Width2,PointDot,ColorRed;
M3:= If(SMA3 > SMA4 & SMA4 > SMA1 & SMA1 > SMA2,-3,0),Width2,PointDot,ColorRed;
ConM2A:=If(SMA2 > SMA4 & SMA4 > SMA3 & SMA3 > SMA1,-2,0);
ConM2B:=If(SMA3 > SMA2 & SMA2 > SMA4 & SMA4 > SMA1,-2,0);
ConM2C:=If(SMA4 > SMA1 & SMA1 > SMA3 & SMA3 > SMA2,-2,0);
ConM2D:=If(SMA4 > SMA2 & SMA2 > SMA1 & SMA1 > SMA3,-2,0);
M2:=(ConM2A + ConM2B + ConM2C + ConM2D),Width2,PointDot,ColorRed;
ConM1A:=If(SMA2 > SMA3 & SMA3 > SMA4 & SMA4 > SMA1,-1,0);
ConM1B:=If(SMA4 > SMA1 & SMA1 > SMA2 & SMA2 > SMA3,-1,0);
M1:=(ConM1A + ConM1B),Width2,PointDot,ColorRed;

P5a:=If(SMA1a > SMA2a & SMA2a > SMA3a & SMA3a > SMA4a,50,0),Width2,PointDot,ColorGreen;
Con4Aa:= If(SMA1a > SMA2a & SMA2a > SMA4a & SMA4a > SMA3a,40,0);
Con4Ba:= If(SMA1a > SMA3a & SMA3a > SMA2a & SMA2a > SMA4a,40,0);
Con4Ca:= If(SMA2a > SMA1a & SMA1a > SMA3a & SMA3a > SMA4a,40,0);
P4a:= (Con4Aa + Con4Ba + Con4Ca),Width2,PointDot,ColorGreen;
P3a:= If(SMA2a > SMA1a & SMA1a > SMA4a & SMA4a > SMA3a,30,0),Width2,PointDot,ColorGreen;
Con2Aa:=If(SMA1a > SMA3a & SMA3a > SMA4a & SMA4a > SMA2a,20,0);
Con2Ba:=If(SMA1a > SMA4a & SMA4a > SMA2a & SMA2a > SMA3a,20,0);
Con2Ca:=If(SMA2a > SMA3a & SMA3a > SMA1a & SMA1a > SMA4a,20,0);
Con2Da:=If(SMA3a > SMA1a & SMA1a > SMA2a & SMA2a > SMA4a,20,0);
P2a:= (Con2Aa + Con2Ba + Con2Ca + Con2Da),Width2,PointDot,ColorGreen;
Con1Aa:=If(SMA1a > SMA4a & SMA4a > SMA3a & SMA3a > SMA2a,10,0);
Con1Ba:=If(SMA3a > SMA2a & SMA2a > SMA1a & SMA1a > SMA4a,10,0);
P1a:= (Con1Aa + Con1Ba),Width2,PointDot,ColorGreen;
M5a:= If(SMA4a > SMA3a & SMA3a > SMA2a & SMA2a > SMA1a,-50,0),Width2,PointDot,ColorRed;
ConM4Aa:=If(SMA3a > SMA4a & SMA4a > SMA2a & SMA2a > SMA1a,-40,0);
ConM4Ba:=If(SMA4a > SMA2a & SMA2a > SMA3a & SMA3a > SMA1a,-40,0);
ConM4Ca:=If(SMA4a > SMA3a & SMA3a > SMA1a & SMA1a > SMA2a,-40,0);
M4a:= (ConM4Aa +ConM4Ba + ConM4Ca),Width2,PointDot,ColorRed;
M3a:= If(SMA3a > SMA4a & SMA4a > SMA1a & SMA1a > SMA2a,-30,0),Width2,PointDot,ColorRed;
ConM2Aa:=If(SMA2a > SMA4a & SMA4a > SMA3a & SMA3a > SMA1a,-20,0);
ConM2Ba:=If(SMA3a > SMA2a & SMA2a > SMA4a & SMA4a > SMA1a,-20,0);
ConM2Ca:=If(SMA4a > SMA1a & SMA1a > SMA3a & SMA3a > SMA2a,-20,0);
ConM2Da:=If(SMA4a > SMA2a & SMA2a > SMA1a & SMA1a > SMA3a,-20,0);
M2a:=(ConM2Aa + ConM2Ba + ConM2Ca+ ConM2Da),Width2,PointDot,ColorRed;
ConM1Aa:=If(SMA2a > SMA3a & SMA3a > SMA4a & SMA4a > SMA1a,-10,0);
ConM1Ba:=If(SMA4a > SMA1a & SMA1a > SMA2a & SMA2a > SMA3a,-10,0);
M1a:=(ConM1Aa + ConM1Ba),Width2,PointDot,ColorRed;

Total:=(P5+P4+P3+P2+P1+M5+M4+M3+M2+M1);
Totala:(P5a+P4a+P3a+P2a+P1a+M5a+M4a+M3a+M2a+M1a),width2,ColorBlue;
Totalb:Total + Totala,Width2, ColorBlack;
PlotUp5: FILLRGN(Totalb>=40,0, Totalb),Brush#80006400;
PlotUp4: FILLRGN(Totalb>=20 & Totalb <39.9999,0,Totalb),Brush#803CB371;
PlotUp3: FILLRGN(Totalb>0 & Totalb <19.999,0,Totalb),Brush#8000FF00;
PlotDn3: FILLRGN(Totalb<0 & Totalb >=-19.999,Totalb,0),Brush#80FA8072;
PlotDn4: FILLRGN(Totalb<=-20 & Totalb>=-39.999,Totalb,0),Brush#80FF0000;
PlotDn5: FILLRGN(Totalb<-40,Totalb,0),Brush#908B008B;