JohnBaron

Volume, Momentum and Volatility weighted moving average

Moving averages are filters on price data. This moving average creates a filter which factors in:
- the price RSI or it's Momentum
- the volume RSI
- the RVI or Volatility

Each factor is put through a least squares filter to smooth them first.

Then the factors are used to build a coefficient for an exponentially weighted average.

The chart above shows a comparison of standard average types with this script.

This is useful if you are looking for a moving average based trigger and do not wish to react to candle noise price action.

Phát hành các Ghi chú: Minor updates
- reverted to traditional RVI calculation
- pulled apart the momentum for high and low separately
Phát hành các Ghi chú: - Some important revisions - feel free to alter the source

- Addressed some initialization conditions
- Added another filter using normalized ratios for relative value filter
- Changed RSI to CMO, CMO is more responsive than RSI and reduces lag
- Added one of my favorite moving average, the Vidya MA

I think it's important to use this moving average with another average or even a supertrend, where the input to the trend is the VMV average. Perhaps a later modification.

I hope you enjoy how these two MA's work together.
Phát hành các Ghi chú: Quick fix of scaling issue, CMO ranges -100 to 100, RVI ranges 0 to 100 . All factors now produce a range of 0 to 100.
Phát hành các Ghi chú: _ Allow the script to run in a time frame different from the chart
_ Produce a dynamic length based on stochastic oscillator
_ Vidya_ma now runs on dynamic length
_ two more of my favorite ma's are included - parameter-less price and vwap
Phát hành các Ghi chú:
  • Removed dynamic length selections
  • Addressed more initialization problems, if you use a recursive formula it's important the first 100 bars in a data set are not NA and are reasonable values, so need to fix some borrowed pine
  • Switched from using stochastic to pick up on trend to using two different inputs, tema and parameterless ma - averaging their best fit length
  • Dynamic length applied to the Vidya ma only
Phát hành các Ghi chú:
  • added gap fill if used in a higher time frame than the chart
  • removed the least squares method and replaced with simple ema for speed of execution, the outcomes are close enough so it doesn't warrant the tax on execution speed
  • smoothed over a fixed length and not variable
Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?

Bình luận

Genius Bro! Remember I applied for your internship @ WTI
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JohnBaron alacritous
@alacritous, lol! WTI the boot camp for traders!
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I realized after I made the update that I kept the length of this new MA at 21 and the others are at 50 so the compare is not visually helpful
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Looks great mate!
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@kwinn, thanks , there may be another tweek or two coming
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