已更新

Custom Moving Average (EMA & SMA)

This script is a custom visualization tool to plot 4 Moving Averages (MA).

Each MA is customizable; you can:

enable (disable) the plot of MA;
select whether the MA is an EMA or an SMA;
the length;
the source (open, close, ...);
the offset value (default is 0).

Note:

The 1st MA is an EMA with length 50.
The others MAs are SMA with length 9, 30 and 100 respectively.

版本注释

Now, you can choice the following type of averages:

EMA
SMA
VWMA
TEMA

Note:
TEMA is the acronym of Triple Exponential Moving Average.

The formula and calculation for TEMA is:
TEMA =3∗EMA1 − 3∗EMA2 + EMA3

where:
EMA1 is the Exponential Moving Average (EMA)
EMA2 is the EMA of EMA1
EMA3 is the EMA of EMA2

版本注释

New version of script.

The Arnaud Legoux Moving Average (ALMA) is implemented. The ALMA indicator is a superior moving average as compared to the Exponential Moving and Simple Moving Averages.
The objective of the Arnaud Legoux Average is to minimize the noise and produce a more reliable signal than the conventional moving averages. The indicator (ALMA) removes small price fluctuations and also enhances the trend by applying a moving average (MA) twice, once from left to right, and once from right to left.

Ninorigo

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Ninorigo