Scaled Moving Average
Draws a moving average (SMA / EMA / etc.) whose values are multiplied by a factor of your choice.
Designed to enable you set alerts for when price comes within a certain distance of a moving average but doesn't quite hit it (e.g. draw an EMA multiplied by 1.01 so you can set alerts for when price comes within 1% of the EMA)
It arguably features an improvement over the built-in tradingview SMA/EMAs: When the MA is a higher timeframe than the chart and "Wait for timeframe closes" is disabled, this indicator remains a smooth line diagonally connecting MA points, while the built-in indicators turn into steplines.
There are two differences between VWMA and rolling VWAP:
Designed to enable you set alerts for when price comes within a certain distance of a moving average but doesn't quite hit it (e.g. draw an EMA multiplied by 1.01 so you can set alerts for when price comes within 1% of the EMA)
It arguably features an improvement over the built-in tradingview SMA/EMAs: When the MA is a higher timeframe than the chart and "Wait for timeframe closes" is disabled, this indicator remains a smooth line diagonally connecting MA points, while the built-in indicators turn into steplines.
There are two differences between VWMA and rolling VWAP:
- e.g. a 100-day VWMA won't show anything for the first 99 days, but rolling VWAP will.
- if you select e.g. a 2-day VWMA, it is calculated based on only the highs, lows, closes, and volumes of two daily candlesticks, but VWAP is calculated with millisecond-level precision no matter how high of a timeframe you select.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.