Original Self Referencing Moving Average which references
it's own output agsainst itself and the incoming source to dynamically
alter smoothness and length internally per calculation cycle.
Inputs are float length series.
Contact Me for More Dynamic Float Length Indicators.
wema(src, mod, len)
Example of manipulating a float series to:
• switch from one source to another
• maintain a level by referencing itself
This script publication is intended for:
• Educational Purposes
Who is it for?
Anyone who wants to learn how to change the position or state of an active float series.
type: pine series basic example
time required: 10 minutes
level: medium (need to know the "array" data variable as a generic programming concept, basic Pine syntax)
tl;dr how variables and series work in Pine
Pine is an array/vector language. That's something that twists how it behaves, and how we have to think about it. A lot of misunderstandings come from...
This module is meant to act as a framework and platform over which to develop other indicators. On its own it does essentially nothing, yet simplifies the work of adding basic customizations and flexibility to ideas immediately. The chart on this post is not a demo, so its better to just try adding the indicator to a test chart — you may find it more convenient to...