OPEN-SOURCE SCRIPT
Actualizado Averages - PineCoders FAQ
█ 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.
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.
Notas de prensa
- Made code for cases 2 and 3 into functions.
- Added examples of multiple-result functions.
Notas de prensa
Conversion to v4.
Notas de prensa
Fixes to comments.Notas de prensa
Simplified Case 1 code.Notas de prensa
Changes to comments.Notas de prensa
Updated calculations.Notas de prensa
v8Rewrite of code using techniques that eliminate all `for` loops.
Notas de prensa
v9Functionalized case 1.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Who are PineCoders? tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
Tools and ideas for all Pine coders: pinecoders.com
Tools and ideas for all Pine coders: pinecoders.com
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Who are PineCoders? tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
Tools and ideas for all Pine coders: pinecoders.com
Tools and ideas for all Pine coders: pinecoders.com
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.