Variable Power Weighted Moving Average

Apple Inc.NASDAQ

描述

⋅ 2020年5月16日下午4點29分

The Variable Power Weighted Moving Average was created by RedKTrader so make sure you follow them! This is a very handy indicator where you can change the weights of the weighted moving average yourself!

For an easy guide here are common values to use to convert this indicator into other indicators:
Power = 0 = Simple Moving Average
Power = 0.5 = Square Root Weighted Moving Average
Power = 1 = Weighted Moving Average
Power = 2 = Squared Weighted Moving Average

Try it out and let me know what you think!

Let me know if you have other ideas for me or if you want something custom done!

發布通知

⋅ 2020年5月29日晚上7點37分

updated to make it consistent with my other indicators

發布通知

⋅ 2020年5月30日晚上9點36分

fixed issue with default resolution

Trend Analysis Moving Averages Weighted Moving Average (WMA)weightedmovingaverage weighted weight weighting sma power

評論

RedKTrader

⋅ 2020年5月16日晚上6點36分

@cheatcountry thank you for posting this script - this is an awesome concept IMHO and has many valuable applications -- happy i was able to provide some inspiration :)

cheatcountry

⋅ 2020年5月16日晚上6點37分

@RedKTrader, thank you for coming up with the idea!