OPEN-SOURCE SCRIPT

Octuple Mean Average

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Here you can combine up to 8 moving averages and make 1 "OMA" (Octuple Mean Average)
In this way:
- advantages of several ma's can be mixed
- a mean averages can be improved without the need to change the length
(for example if you want a RMA, SMA,... to react faster combine it with 1 or more EMA's)
- smoothing and shifting possibilities (combine with a dema and adjust the lookback),
again without the need to change the length
- ...

This is a combination of a RMA, VWMA, DEMA and TEMA:
anlık görüntü
Here is a DEMA (lookback 20), smoothed by adding a RMA:
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Or, 3x RMA, 2x SMA, 1x EMA and 1x WMA:
anlık görüntü

Color can be made unicolor by disabling 'bicolor ?'
When disabled the first color only is applied

Bicolor options:
- OMA changes color when it is rising/falling
- OMA changes color when source is above/below OMA

Cheers!

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.