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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.