Averages - PineCoders FAQ

2019年5月16日

█ WARNING


The publication of our ConditionalAverages library has deprecated this publication.



█ ORIGINAL DESCRIPTION


The need to calculate averages (arithmetic mean) comes up here and there in scripts. When you want the average of a value only when a given condition has occurred, you will often not be able to use the standard sma function in Pine because it will average all values in the series. Even if you take care to use your condition to set non-conforming values to zero, this ends up skewing your results with zero values.

This script calculates:
1. The running average of all up volumes,
2. The average of last x occurrences of up volume ,
3. The average up volume occurrences in last y bars.



Look first. Then leap.

2019年5月17日

發行說明

• Made code for cases 2 and 3 into functions.
  
• Added examples of multiple-result functions.
  

2019年8月2日

發行說明

Conversion to v4.

2019年8月2日

發行說明

Fixes to comments.

2019年9月15日

發行說明

Simplified Case 1 code.

2019年9月15日

發行說明

Changes to comments.

2019年12月9日

發行說明

Updated calculations.

2021年7月11日

發行說明

v8
Rewrite of code using techniques that eliminate all `for` loops.

2021年8月18日

發行說明

v9
Functionalized case 1.