OPEN-SOURCE SCRIPT
[REPOST] Indicators: 3 Different Adaptive Moving Averages
*** NOTE: This is a repost with updated scripts to workaround the recent script engine changes ****
As the volatility rises, all Adaptive Moving Averages (AMA) become more sensitive and adapt faster to the price changes. As the volatility decreases, they slow down significantly compared to normal EMA. This makes it an excellent choice for detecting ranging markets (look for horizontal lines).
I have included 3 AMAs here:
- Kaufman's AMA. This makes use of Kaufman's Efficiency Ratio as the smoothing constant.
- Adaptive RSI. This adapts standard RSI to a smoothing constant.
- Tushar Chande's Variable Index Dynamic Average (VIDYA). This uses a pivotal smoothing constant, which is fixed, and varies the speed by using a factor based on the relative volatility to increase or decrease the value of SC.
For reference, I have plotted an EMA(10). This uses a fixed smoothing constant.
This is my 25th indicators post (Yayy!), so decided to include a bunch of AMAs. Enjoy :)
Feel free to "Make mine" and use these in your charts. Appreciate any comments / feedback.
As the volatility rises, all Adaptive Moving Averages (AMA) become more sensitive and adapt faster to the price changes. As the volatility decreases, they slow down significantly compared to normal EMA. This makes it an excellent choice for detecting ranging markets (look for horizontal lines).
I have included 3 AMAs here:
- Kaufman's AMA. This makes use of Kaufman's Efficiency Ratio as the smoothing constant.
- Adaptive RSI. This adapts standard RSI to a smoothing constant.
- Tushar Chande's Variable Index Dynamic Average (VIDYA). This uses a pivotal smoothing constant, which is fixed, and varies the speed by using a factor based on the relative volatility to increase or decrease the value of SC.
For reference, I have plotted an EMA(10). This uses a fixed smoothing constant.
This is my 25th indicators post (Yayy!), so decided to include a bunch of AMAs. Enjoy :)
Feel free to "Make mine" and use these in your charts. Appreciate any comments / feedback.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.