OPEN-SOURCE SCRIPT
Displaced Moving Average Channel (DMA)
Aktualisiert
What is This?
The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel.
What Information Can I Get Out of It?
This indicator can be used as a support or resistance as some moving averages are typically used as well as a tiny measure of recent volatility by looking at the spread between the top and bottom moving averages.
Where Did This Idea Come From?
I did not come up with the concept of this indicator since I was inspired to use this as a setup/trigger indicator in a potential trading strategy as seen in this whitepaper.
The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel.
What Information Can I Get Out of It?
This indicator can be used as a support or resistance as some moving averages are typically used as well as a tiny measure of recent volatility by looking at the spread between the top and bottom moving averages.
Where Did This Idea Come From?
I did not come up with the concept of this indicator since I was inspired to use this as a setup/trigger indicator in a potential trading strategy as seen in this whitepaper.
Versionshinweise
Changed the default period to the same period that Philip Erlanger usesVersionshinweise
Changed chart (no updates to the code)Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
Haftungsausschluss
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