LuxAlgo

Trend Regularity Adaptive Moving Average [LUX]

The following moving average adapt to the average number of highest high/lowest low made over a specific period, thus adapting to trend strength. Interesting results can be obtained when using the moving average in a MA crossover system or as a trailing support/resistance .

Settings

  • Length : Period of the indicator, with higher values returning smoother results.
  • Src : Source input of the indicator.

Usage

The trend regularity adaptive moving average (TRAMA) can be used like most moving averages, with the advantage of being smoother during ranging markets.


Notice how the moving closer to the price the longer a trend last, such effect can be practical to have early entry points when using the moving average in a MA crossover system, such effect is due to the increasing number of average highest high/lowest low made during longer trends. Note that in the case of a significant uptrend followed by a downtrend, the moving average might penalize the start of the downtrend (and vice versa).


The moving average can also act as an interesting trailing support/resistance .



Details

The moving average is calculated using exponential averaging, using as smoothing factor the squared simple moving average of the number of highest high/lowest low previously made, highest high/lowest low are calculated using rolling maximums/minimums.

Using higher values of length will return fewer highest high/lowest low which explains why the moving average is smoother for higher length values. Squaring allows the moving average to penalize lower values, thus appearing more stationary during ranging markets, it also allows to have some consistency regarding the length setting.

🧙 this moving average would not be possible without the existence of corn syrup 🦎
Sürüm Notları: License update
Sürüm Notları: Minor Changes.
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Yorumlar

What's a good MA to pair with this indicator for crossovers?
+14 Cevap Gönder
alexgrover TheJakeness
@TheJakeness, Hard to say, a faster adaptive moving average or maybe a low lag moving average, these can potentially provide early crosses.
+2 Cevap Gönder
navyreal7 alexgrover
@alexgrover, give examples of such lines, thank you
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this should be added to the Editor's Picks list
+3 Cevap Gönder
alexgrover Iceman0929
@Iceman0929, the editor's picks selection process is quite mysterious ;)
+1 Cevap Gönder
this is a good indicator
+1 Cevap Gönder
Great stuff!
+1 Cevap Gönder
Works great with setting 21 for Intraday Or Swing Trading
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Fontnaut abhishek4314
@abhishek4314, this. 21 ema is a must especially on the 4 hour
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@LuxGecko is this new indicator the same / similar to your "Percentile Nearest Rank Using Arrays indicator?" TIA
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