This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
Everyone wants a short-term, fast trading trend that works without large losses. That combination does not exist. But it is possible to have fast trading trends in which one must get in or out of the market quickly, but these have the distinct disadvantage of being whipsawed by market noise when the market is volatile in a sideways trending...
This indicator is similar to Bollinger Bands. It based on DAPD - Daily Average Price Delta. DAPD is based upon a summation for each of the highs (hod) for the 21 days prior to today minus the summation for each of the lows (lod) for the last 21 days prior to today. The result of this calculation would then be divided by 21.
This function is an Pine version of the moving average described in the January, 1998 issue of S&C magazine, p.57, "Smoothing Techniques for More Accurate Signals", by Tim Tillson. It is translated from the MetaStock code presented in the article. The function uses a version of the XAverage, written by me, which allows variables as inputs. ...
This indicator plots the moving average described in the January, 1998 issue of S&C, p.57, "Smoothing Techniques for More Accurate Signals", by Tim Tillson. This indicator plots T3 moving average presented in Figure 4 in the article. T3 indicator is a moving average which is calculated according to formula: T3(n) = GD(GD(GD(n))), where...