OPEN-SOURCE SCRIPT
1D Low/High MA + Least Square Mean (3 indicators in 1)
This indicator is a combination of 3 public indicators being:
* a standard Simple Moving Average with the source as the candle low & length of 2
* a standard Simple Moving Average with the source as the candle high & length of 2
* the Least Square Mean with a source of high + low /2 and length of 9
This combo was inspired by Tyler Coates who crafted EMASAR.
He regularly uses the a SMA with source of Low / High and length of 2 for defining trading daily ranges as well as the Least Square Mean for calculations in the his trading which he teaches via youtube.
I hope this indicator will reduce time spent on setting up charts.
* a standard Simple Moving Average with the source as the candle low & length of 2
* a standard Simple Moving Average with the source as the candle high & length of 2
* the Least Square Mean with a source of high + low /2 and length of 9
This combo was inspired by Tyler Coates who crafted EMASAR.
He regularly uses the a SMA with source of Low / High and length of 2 for defining trading daily ranges as well as the Least Square Mean for calculations in the his trading which he teaches via youtube.
I hope this indicator will reduce time spent on setting up charts.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
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