OPEN-SOURCE SCRIPT

Displaced Moving Average Channel (DMA)

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What is This?

The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel.


What Information Can I Get Out of It?

This indicator can be used as a support or resistance as some moving averages are typically used as well as a tiny measure of recent volatility by looking at the spread between the top and bottom moving averages.


Where Did This Idea Come From?

I did not come up with the concept of this indicator since I was inspired to use this as a setup/trigger indicator in a potential trading strategy as seen in this whitepaper.
Notas de prensa
Changed the default period to the same period that Philip Erlanger uses
Notas de prensa
Changed chart (no updates to the code)
Simple Moving Average (SMA)Support and ResistanceVolatility

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.

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