OPEN-SOURCE SCRIPT

Variable Index Dynamic Average (VIDYA) with Histper

The Variable Index Dynamic Average (VIDYA) is a unique and adaptive moving average indicator designed to respond dynamically to market volatility. It adjusts its smoothing factor based on the standard deviation of price changes, making it more responsive during periods of high volatility and smoother during periods of low volatility. This version includes two key parameters:

Period: The number of bars used to calculate the VIDYA.
HistPer: The number of historical bars used to calculate the standard deviation, affecting the smoothness and responsiveness of the indicator.
Features:
Dynamic Adaptation: VIDYA adjusts its responsiveness based on market conditions, providing a balance between smoothness and responsiveness.
Customizable Parameters: Users can customize the Period and HistPer to fit their specific trading style and asset characteristics.
Overlay on Price Chart: The VIDYA is plotted directly on the price chart for easy visualization and integration with other technical analysis tools.
Usage:
Trend Identification: Use VIDYA to identify the prevailing trend. A rising VIDYA line indicates an uptrend, while a falling VIDYA line indicates a downtrend.
Entry and Exit Signals: Combine VIDYA with other indicators and trading strategies to confirm entry and exit signals.
Volatility Analysis: Adjust the HistPer to see how the indicator responds to different levels of market volatility.
baselineCandlestick analysis

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?

免責聲明