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X4 Moving Average
The X4 Moving Averages (X4MA) indicator is designed to provide traders with an enhanced view of market trends by combining multiple dimensions of price data. Unlike traditional moving averages that rely solely on closing prices, X4MA integrates high, low, open, and close values for a more nuanced analysis of market movements.
1- High-Low Average (HLAvg):
Captures the market's range during a given period:
HLAvg = (High + Low) / 2
2- Open-Close Average (OCAvg):
Reflects the directional momentum of the price during the same period:
OCAvg = (Open + Close) / 2
3- Combined Average (CMA):
Combines the range (HLAvg) and momentum (OCAvg) for a balanced view of price behavior:
CMA = (HLAvg + OCAvg) / 2
4- Exponential Moving Average (X4MA):
Smooths the combined average using an EMA for better responsiveness to recent price changes while filtering noise:
X4MA = EMA(CMA, Length)
1- High-Low Average (HLAvg):
Captures the market's range during a given period:
HLAvg = (High + Low) / 2
2- Open-Close Average (OCAvg):
Reflects the directional momentum of the price during the same period:
OCAvg = (Open + Close) / 2
3- Combined Average (CMA):
Combines the range (HLAvg) and momentum (OCAvg) for a balanced view of price behavior:
CMA = (HLAvg + OCAvg) / 2
4- Exponential Moving Average (X4MA):
Smooths the combined average using an EMA for better responsiveness to recent price changes while filtering noise:
X4MA = EMA(CMA, Length)
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本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。