The Squared Weighted Moving Average is similar to the classic Weighted Moving Average but the difference is that it squares the weights instead of the classic weight values. Buy if the indicator line is green and sell when it goes red.
Let me know if you would like to see any more scripts from me or if you want something custom done!
fixed a typo
updated to make it consistent with my other indicators
fixed issue with default resolution
@syracusepro, These are two separate indicators that do similar things. The 0.5 gets the square root of the weight and uses that to create a weighted moving average and the other uses 2 because we are squaring the weight and using that to create a different weighted moving average