Average

Smooth EMA/DEMA/TEMA/EHMA (SEMA)This is my attempt at smoothing the exponential moving average any its cousins. I literally just smoothed the source and alpha and this is what we got. I really like this because you get a nice smooth yet fast acting moving average that works better than a traditional simple moving average. This script also included directional alerts. Smooth EMA Smooth DEMA Smooth TEMA Smooth EHMA

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by The_Peaceful_Lizard

10 MAs Alpha Indicator by Monty This indicator is a part of the script I coded earlier this month. The name is to surprise one of our discord member. I will publish that indicator in a few days as well, but publishing this as a gesture of giving back to the community. Indicator has: 10 Moving Averages Adjustable Color, Opacity and Size etc Shows Labels for each of the MA. Can be shifted between EMA or SMA Can be fixed to show a specific TF MA on current Timeframe.

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Oscillating Length Moving Averages ***CREDIT TO PulseWire's TA Library*** (), Attempted to use "import PulseWire/ta/4" to import the library, but for whatever reason some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use. This moving average uses an oscillator to influence the length used during calculation. Extremely customizable/tunable with ability to change Max and Min length values, length multiplier, length multiple,4 different settings ,( Decline , <>Peak, >Decline , <>Peak, >

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ATR & APC Average True Range (ATR) and Average Price Change (APC). Shows the ATR and APC as well as the TR and PC for the current bar, colour coded to indicate very large/small bars. The ATR and APC are also colour coded to reflect whether they are increasing or decreasing. Style will need to be customized.

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Sw1tchFX - Average Daily Range DESCRIPTION AND OVERVIEW The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers. I couldn't find it anywhere so I decided to build it from scratch. What this does is allow you to measure volatility across various FX assets (I will apply other asset classes in the future that this is applicable to i.e. Crypto, Commodities, Blue Chip Stocks), and set realistic targets based off that volatility. Overall, this makes much more sense to me in the FX markets rather than support and resistance lines because it's based off the actual movement of the asset class. Market research shows that an asset class has a 80-85% chance to reach 75% of it's Average Daily Range (ADR). Let's take a look at the daily ADR on the GBPNZD 15m chart. Notice how the values of the ADR act as real support and resistance based off the volatility of the asset. In this case, price did not quite reach the 75% ADR target. Let's take a look at another example on EURNZD 15m chart. In this case, price hit the 75% target. It's important to note that these levels do not bound the price. The probability that price exceeds it's 75% ADR is fairly low, but not impossible. Especially during important news events. Let's look at the recent USDCHF 15m chart for example. Additionally, you can use these values to measure longer term movements (Weekly, and Monthly) Here is a weekly view: And a monthly view: HOW I USE THIS I use this in conjunction with some other indicators I've developed. Typically, I use range bars since I only care about price, not time. Additionally, averages are smoother when time is not taken into account and only price. HOW THE CANDLE OPEN AND CLOSE IS CALCULATED This is done based off of your own specific time zone and from the daily candle. So for me on PST, the daily candle will close at 1400. Once closed, a new ADR value is automatically calculated and added to the chart. There is an option to show past ADR values if you would like to see them or conduct additional research.

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ATR+ Advanced Sessions ATR for Daterange ATR+ Advanced Sessions ATR for Daterange The ATR+ adds the following additional filters to the stock ATR indicator by Tradingview: - Calculates the overall average ATR for a user defined daterange, optionally filtered by trading session and selected weekdays, presented as a secondary line over the standard ATR line. - Basic ATR line, with colour highlight to indicate the selected sessions, days and timeframe being calculated by the average ATR+ line. - Average ATR+ line indicating the average of all ATRs within the defined timeframe, optionally filtered by instances of a selected trading session and selected weekdays. - Customisable appearance. - The ATR+ also includes the basic ATR configuration options typically found in the standard ATR by Tradingview, including period length and smoothing type. Defaults are set to the factory standards: 14 length, RMA smoothing type. What Is the Average True Range (ATR)? The ATR is a technical analysis tool that measures market volatility by decomposing the entire range asset price for that period. Investopedia describes the ATR as follows: "The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The ATR is then a moving average, generally using 14 days, of the true ranges." For more information on the ATR and its calculations and use cases, see here: Investopedia link here. Tradingview link here. Note The indicator may time out if the number of bars being calculated is too long. If this happens, you will need to reduce the datetime range, or increase the chart timeframe in order to reduce the number of bars being calculated and the indicator will attempt to recalculate.

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by PHVNTOM_TRADER

Williams Fractals + SMMA williams fractail + smoothed moving average. moving average. williams fractails with moving average , williams fractails + MA, smma

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by rangu9101994

HL-Average This script extracts the highest price "ta.highest" and lowest price "ta.lowest" over a period of time, obtains the average value "array.avg" and plots it on a chart. At the same time, it also plots high and low prices, so you can use the volatility over a period of time and its center point as a reference for trading. The pine code is as simple as possible, so there is no difficulty. You can also change the period. We sincerely hope that this script will help you in your trading.

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by Shinichi-Kagami

Volume Weighted Exponential Moving Average This is a volume weighted exponential moving average. uses exponential weighting and considers volume in the consideration of the average price. This makes for a more accurate "average" than a standard moving average.

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by ProfessorION

Multiple Daily SMA EMA on Intra 1min 5min 15min Charts This script is helping you auto plot daily SMA EMA and extensions when you are looking at intraday charts. The script is customizable where user can select which ever levels they are interested in viewing. These daily lines act as support and resistance levels for intraday The green line represent 20 EMA Daily The yellow line represent 50 SMA Daily The olive line represent 200 SMA Daily The red line is upper Bollinger Band Daily The black line is lower Bollinger Band Daily To help you understand which lines are what I would recommend you add this indicator and select "D" timeframe and then see which lines you would like to view for your 1min chart or 5 min chart you can customize from the setting options which plot color you would like to view.

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by beststockalert

Reverse Ehler Instantaneous Trendline - TraderHalai This script uses a reverse function of the famous Ehler Instantaneous Trendline to calculate the source price required in order to change from Bullish to bearish From my analysis, the reverse price does appear to be rather choppy, though it is 100% accurate. This is because Ehler's Instantaneous Trendline tends to remain trending for longer periods of time with above average hold periods. The main suitability for this would be higher level timeframes, such as Weekly, 5 daily, 3 daily. From my findings Smoothed Heikin Ashi Trend, tends to provide better risk-adjusted returns across most timeframes (Higher return to drawdown ratio) As I have spent a bit of time getting the reverse function mathematics to work, I decided to publish this as open source for the benefit, scrutiny and for further development by the PulseWire community anyways. Enjoy!

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Average Daily Range (ADR) (Multi Timeframe, Multi Period)Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended Target Levels. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the reversal points. • The levels are more accurate and not like the old formulas. • Can practically follow the Buy Low and Sell High principle. • Helps to keep minimum Stop Loss. Who to use? • Highly beneficial for Day Traders • It can be used for Swing and Positions as well. What timeframe to use? • Any timeframe. When to use? • Any market conditions. How to use? Entry • Long entry when the Price reach at or closer to the Green Support zone. • Long entry when the Price retrace to the Red Resistance zone. • Short entry when the Price reach at or closer to the Red Resistance zone. • Short entry when the Price retrace to the Green Support zone. • Long or Short at the Pivot line. Exit • Use past ADR levels as targets. • Or use the Target levels in the indicator for breakouts. • Use the Pivot line as target. • Use Support or Resistance Zones as targets in reversal method. What are the Lines? Gray Line: • It the day Open or can be considered as Pivot. Red & Green ADR Zones: • Red Zone is Resistance. • Green Zone is Support. • Mostly price can reverse from this Zones. • Multiple Red and Green Lines forms a Zone. • These lines are average levels of past days which helps to figure out the maximum and minimum price range that can be moved in that day. • The default number of days are 5, 7 and 14. This can be customized. Red & Green Target Lines: • These are Target levels. What are the Labels? • First Number: Price of that level. • Numbers in (): Percentage change and Change of price from LTP (Last Traded Price) to that Level. General Tips • It is good if Stock trend is same as that of the Index trend. • Lots of indicators creates lots of confusion. • Keep the chart simple and clean. • Buy Low and Sell High. • Master averages or 50%.

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by Arun_K_Bhaskar

Mark Minervini Hi everyone, Just sharing a script that I made when I began to be interested in Mark Minervini, Wiliam O'Neil, Nicolas Darvas,.. trading style. This script displays : - 10 EMA (orange) - 20 EMA (blue light) - 50 SMA (blue) -150 SMA (green) -200 SMA (red) - Shows when the stock is "extended" from EMA10 to high of the candle (Works in Daily, you can adjust the % to make it match with the stock's volatility) (Shows a red area between price and 10 EMA) - Shows when Mark Minervini's trend template is respected by highlighting green between 150 & 200 SMA. I Although added bollinger bands and 5 EMA for very strong stocks. (I never use them) Have fun

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Average Price Line This was published in substitute of the original AVG price line that was already implemented into TradingVIew. Get the average price in the desired range you want.

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Carrey's Velocity and Acceleration This is initially based on the MA Speed indicator from TradeStation () and expanded upon greatly. This implements 3 different variable MAs and calculates and plots both speed and acceleration of each. Also, a single line composite option is included for both speed and acceleration that changes color based on directional confluence of each MA's speed/acceleration. Additionally, optional labels are included to show where the 3 MAs are clustered, and a volatile move is expected, and where they are more distributed, expecting a temporary reversal. The additional acceleration concept comes from kinematics in physics. Utilizing time-based derivatives, we can calculate the velocity and acceleration of the moving averages, which can help us identify momentum of price action and locate reversals sooner.

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by CarreyTrades

10yr, 20yr, 30yr Averages: Month/Month % Change; Seasonality Calculates 10yr, 20yr and 30yr averages for month/month % change ~shows seasonal tendencies in assets (best in commodities). In above chart: August is a seasonally bullish month for Gold: All the averages agree. And January is the most seasonally bullish month. ~averages represent current month/previous month. i.e. Jan22 average % change represents whole of jan22 / whole of dec21 ~designed for daily timeframe only: I found calling monthly data too buggy to work with, and I thought weekly basis may be less precise (though it would certainly reduce calculation time!) ~choose input year, and see the previous 10yrs of monthly % change readings, and previous 10yrs Average, 20yr Average, 30yr Average for the respective month. Labels table is always anchored to input year. ~user inputs: colors | label sizes | decimal places | source expression for averages | year | show/hide various sections ~multi-yr averges always print, i.e if only 10yrs history => 10yr Av = 20yr Av = 30yr Av. 'History Available' label helps here. Based on my previously publised script: "Month/Month Percentage % Change, Historical; Seasonal Tendency" Publishing this as seperate indicator because: ~significantly slower to load (around 13 seconds) ~non-premium users may not have the historical bars available to use 20yr or 30yr averages =>> prefer the lite/speedier version ~~tips~~ ~after loading, touch the new right scale; then can drag the table as you like and seperate it from price chart ##Debugging/tweaking## Comment-in the block at the end: ~test/verifify specific array elements elements. ~see the script calculation/load time ~~other ideas ~~ ~could tweak the array.slice values in lines 313 - 355 to show the last 3 consecutive 10yr averages instead (i.e. change 0, 10 | 0,20 | 0, 30 to 0, 10 | 10, 20 | 20,30) ~add 40yr average by adding another block to each of the array functions, and tweaking the respective labels after line 313 (though this would likely add another 5 seconds to the load time) ~use alternative method for getting obtaining multi-year values from individual month elements. I used array.avg. You could try array.median, array.mode, array.variance, array.max, array.min (lines 313-355)

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VWAP With EMA Overlay (Adjustable Anchor)For those who want the classic Volume Weighted Average Price and Ema on the same overlay. This script utilizes the same protocols as the VWAP and EMA you currently use. Just frees up an indicator space. KEEP UP TO DATE Are you a college student or graduate? Join College Town Trade discord for helpful community specializing in trading stocks, options, and crypto. Our staff consists of a group of college students with 10+ years of combined experience. Collectively we have profited and made well above an average yearly salary while being in college. The community aspect is everything and the team always listens and appreciates feedback. We all earn and learn together. There are free trials in place in order for you to see what it’s all about. These are in place so we can gain your trust and show transparency! I look forward to seeing you in the community advBtBjDhk

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Average, Median, Mode, Biggest: Pip Range Measures & Labels Apply various simple statistical measures to series of full candle ranges over user input length (in bars). Choose between AVERAGE, MEDIAN, MODE, BIGGEST. All calculations derive from the high-low range of a candle. Default length = 260, the number of daily candles in a year. MODE is calculated from pip ranges rounded to reasonable increments (to nearest 10pips foreign currencies; to nearest 100 pips for DXY ; nearest $10 for other assets). Best only use MODE for the major FX pairs encoded, and on Daily timeframe . User input 'unit multiplier' only applies when asset is NOT a major Forex pair (unit and multiplier is auto applied for for major FX pairs). © twingall

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ln(close/20 sma) adjusted for time (BTC)(This indicator was designed for the BTC index chart) Designed for Bitcoin. Plots the log of the close/20W SMA with a linear offset m*t, where m is the gradient I've chosen and t is the candle index. Anything above 1 is a mania phase/market cycle top. If it peaks around 0.92 and rolls over, it could be a local/market cycle top. This will obviously not work at all in the long term as Bitcoin will not continue following the trend line on the log plot (you can even see it start to deviate in the Jan-Feb 2021 peaks where the indicator went to 1.15). It identifies the 2011, 2013 (both of them), 2017 tops as being just above 1. It also identifies the 2019 local peak and 2021 market cycle top at ~0.94. Feel free to change the gradient or even add a function to curve the straight line eventually. I made this for fun, feel free to use it as you wish.

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by piHQ0A1qhtZ6ut9K

Distance From Moving Average This indicator shows the distance between the current price and the Moving Average price. Key Features: Show the distance between price and Moving Average (Read Distance Calculation for more information) Show Historic Highs and Lows Show Highest High and Lowest Low Show current Highest High, current Lowest Low and current distance Key Indicator Settings: 1. Distance Calculation There are two ways to calculate the distance: Spread - Calculate the difference between the price and the moving average Percentage - Calculate the percentage change between the price and the moving average 2. Moving Average Types There are 5 different Moving Averages: EMA SMA WMA VWMA HMA 3. Highest High and Lowest Low You can show or hide the Highest High and the Lowest Low plots of the series 4. Historic Highs and Lows You can show or hide past Highs and Lows of the series Lookback Length - Let's you adjust the frequency of local highs and lows of the series 5. Current Values You can show or hide current value labels

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SMA Regime Provides a color coded indicator based upon both the slope of a moving average of choice, and the asset's position in relation to that moving average. If the specified moving average is downward sloping and the asset closes below the moving average the indicator will be red. If the specified moving average is upward sloping and the asset closes above the moving average the indicator will be green. Any other combination of these two factors will color the indicator yellow indicating indecision.

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Smoothed Heikin Ashi Trend on Chart - TraderHalai This indicator is a predictive tool using Heikinashi to calculate shifts in trade direction. It works by reverse-engineering the regular candle stick closing price required, to flip the Heiken Ashi candle from Red to Green and vice-versa. Below, is an earlier indicator that I released and created. This plots this price as an oscillator, which allows traders to get a predictive indicator of a trend change. This indicator extends upon this functionality by adding a smoothing function to the reverse-engineered regular candle stick closing price, to reduce the choppiness of signals. It also plots the indicator on the chart to allow for easier visual confirmation. How to use 1) As a directional bias - Bullish or bearish 2) Volatility expansion/contraction - further distance from line means volatility expansion - am planning to release an oscillator version also 3) Trailing stop loss - once you are in a trade Other Features Select a moving average period and smoothing calculation method (e.g. SMA / EMA) Non-repaint mode for backtesting and use/integration with higher timeframes Final note - Open Source I am releasing this as open-source for the benefit of the community and to allow further development, scrutiny and criticism. Please feel free to use this indicator as you see fit. If you do use this indicator to create another script, feel free to drop me a note, as I would be highly interested in your idea. Thanks, and Enjoy!

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Hull MA HLC This Indicator calculates and plots 3 Hull Moving Averages with the same period based on the High, Low & Close price. The color of plot changes to indicate positive or negative slope. Original Hull MA code written by mohamed982 | Original Triple Hull MA code written by CMKirkham This triple Hull MA HLC (High Low Close) Pine v5 code written by MaxDecimus 2022

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