OPEN-SOURCE SCRIPT
[blackcat] L1 An Adaptive Moving Average For Swing Trading
Level 1
Background
Scott Cong published an article of “An Adaptive Moving Average For Swing Trading” on April 2023. I rewrite it for pine script.
Function
In "An Adaptive Moving Average For Swing Trading," author Scott Cong introduces a new adaptive moving average that is designed to be responsive, smooth, and robust. He begins with a discussion of Perry Kaufman's adaptive moving average and explains how an adaptive moving average (AMA) can adapt to different market environments. Later he explains his methods of adjusting and changing the smoothing factor, which has better response than traditional EMA and SMA. I rewrited this new kind of moving average in pine script and use yellow color for its fast line while fuchsia color for its trigger signal as a slow line. By the way, divergence detector is also added for divergence notification. You can change period or length, and signal source parameters in setting dialog.
Remarks
Feedbacks are appreciated.
Background
Scott Cong published an article of “An Adaptive Moving Average For Swing Trading” on April 2023. I rewrite it for pine script.
Function
In "An Adaptive Moving Average For Swing Trading," author Scott Cong introduces a new adaptive moving average that is designed to be responsive, smooth, and robust. He begins with a discussion of Perry Kaufman's adaptive moving average and explains how an adaptive moving average (AMA) can adapt to different market environments. Later he explains his methods of adjusting and changing the smoothing factor, which has better response than traditional EMA and SMA. I rewrited this new kind of moving average in pine script and use yellow color for its fast line while fuchsia color for its trigger signal as a slow line. By the way, divergence detector is also added for divergence notification. You can change period or length, and signal source parameters in setting dialog.
Remarks
Feedbacks are appreciated.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.