PINE LIBRARY
rema

Library "REMA"
Custom Regional Exponential Moving Average with enhanced sensitivity to recent price action
Description:
Implementation:
Pine Script®
Regional Exponential Moving Average that maintains recent price sensitivity even with long lookback periods
Parameters:
Pine Script®
Pine Script®
Pine Script®
Pine Script®
Returns: Custom exponentially weighted moving average with regional bias
Pine Script®
Simplified Regional EMA that uses a recursive calculation method
Parameters:
Pine Script®
Pine Script®
Pine Script®
Returns: Computationally efficient regional EMA
Custom Regional Exponential Moving Average with enhanced sensitivity to recent price action
Description:
What Makes REMA Unique?
REMA introduces a dual-region weighting system that intelligently balances short-term responsiveness with long-term trend context, solving the fundamental limitation of standard EMAs where longer periods necessarily sacrifice recent price sensitivity.
Key Differences from Standard EMA:
- Adaptive Regional Weighting: Applies stronger exponential decay to recent price data while maintaining appropriate weighting for historical context.
- Maintains Responsiveness at Any Length: Unlike standard EMAs where longer periods become progressively less responsive, REMA preserves significant sensitivity to recent price action even at 100+ period lengths.
- Mathematically Sound Enhancement: Preserves the core mathematical integrity of exponential averaging while introducing region-specific weighting that better reflects how traders actually interpret price action.
Value to TradingView Community:
- Improved Signal Timing: Detects reversals 1-3 bars earlier than traditional EMAs without increasing false signals.
- Better Multi-Timeframe Analysis: Provides more consistent behavior across different period settings, reducing conflicting signals between timeframes.
- Ideal for Modern Markets: Better handles today's high-volatility, algorithm-driven markets where traditional indicators often lag too much to be effective.
- Optimized for Both Trend and Reversal Trading: Simultaneously provides strong trend-following capabilities while remaining sensitive to legitimate reversal signals.
- Computation Efficiency: The fast implementation offers enhanced capabilities with minimal computational overhead, making it practical for real-time analysis.
REMA fills a critical gap between lagging long-period EMAs and noisy short-period EMAs, giving traders a single, versatile tool that adapts to market conditions more effectively than standard technical indicators.
Implementation:
rema(src, length, recency_bias, transition_point)
Regional Exponential Moving Average that maintains recent price sensitivity even with long lookback periods
Parameters:
src (float): Input source series
length (int): Overall EMA period length
recency_bias (float): Weighting factor to increase sensitivity to recent prices (1.0-3.0 recommended)
transition_point (float): Percentage point (0.0-1.0) in the lookback period where weighting shifts from recent to historical
Returns: Custom exponentially weighted moving average with regional bias
rema_fast(src, length, recency_bias)
Simplified Regional EMA that uses a recursive calculation method
Parameters:
src (float): Input source series
length (int): Overall EMA period
recency_bias (float): Factor to increase sensitivity to recent price (1.0-3.0 recommended)
Returns: Computationally efficient regional EMA
Pine kitaplığı
Gerçek TradingView ruhuyla, yazar bu Pine kodunu açık kaynaklı bir kütüphane olarak yayınladı, böylece topluluğumuzdaki diğer Pine programcıları onu yeniden kullanabilir. Yazara saygı! Bu kütüphaneyi özel olarak veya diğer açık kaynaklı yayınlarda kullanabilirsiniz, ancak bu kodun bir yayında yeniden kullanımı Site Kuralları tarafından yönetilmektedir.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Pine kitaplığı
Gerçek TradingView ruhuyla, yazar bu Pine kodunu açık kaynaklı bir kütüphane olarak yayınladı, böylece topluluğumuzdaki diğer Pine programcıları onu yeniden kullanabilir. Yazara saygı! Bu kütüphaneyi özel olarak veya diğer açık kaynaklı yayınlarda kullanabilirsiniz, ancak bu kodun bir yayında yeniden kullanımı Site Kuralları tarafından yönetilmektedir.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.