PROTECTED SOURCE SCRIPT
Aktualisiert Eternal Moving Average
A moving average with absolutely no* settings??? Now that is a challenge.
* The only setting is for the user to change the calculation method of the dataset.
A trader must have their mind on recent price action. At the same time they must not miss the bigger picture. Instead of creating a moving average that takes some data into account (like 200 days), I decided to take all data into account. Each chart is analyzed separately. A custom algorithm generates moving averages, some slower, some faster.
In the future I may tweak the lengths of the algorithm. It is a hard process and it will take user-feedback as well as personal research for future alterations of the algorithm. It is however a complete, working product at the time of writing.
The basis of this moving average is EMA. It has the responsiveness of EMA, that takes more recent data into account. Contrary to some MAs, it preserves long-term trends.
As a hidden extra, with this moving average no candle is lost. Everything is analyzed without repainting.
This indicator does not provide any signals. The meaning of any lines crossing is left to the trader for explanation. This indicator helps trend analysts retain perspective of past price action.
* The only setting is for the user to change the calculation method of the dataset.
A trader must have their mind on recent price action. At the same time they must not miss the bigger picture. Instead of creating a moving average that takes some data into account (like 200 days), I decided to take all data into account. Each chart is analyzed separately. A custom algorithm generates moving averages, some slower, some faster.
In the future I may tweak the lengths of the algorithm. It is a hard process and it will take user-feedback as well as personal research for future alterations of the algorithm. It is however a complete, working product at the time of writing.
The basis of this moving average is EMA. It has the responsiveness of EMA, that takes more recent data into account. Contrary to some MAs, it preserves long-term trends.
As a hidden extra, with this moving average no candle is lost. Everything is analyzed without repainting.
This indicator does not provide any signals. The meaning of any lines crossing is left to the trader for explanation. This indicator helps trend analysts retain perspective of past price action.
Versionshinweise
Narrowed down the (hidden) 3rd line.Versionshinweise
Made it more responsive for short term, while keeping long-term trendlines.Added some illegalities in the settings menu.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.