VMA Bands are ATR bands with VMA as its centre. For a description of options, refer to my VMA post: tradingview.com/v/6Ix0E5Yr/.
I have moved VMA calculation in to a separate function. Feel free to use calc_vma() in your scripts. For more MA calculation function (KAMA, VIDYA and others), refer to my complete list of indicators below.
Wish you all a very prosperous New year. Hope these indicators make you all more money this year too :)
Very nice, indebted to yours, ucsgears and ChrisMoody's scripts.
Great work, as usual.
Have you used these, or just coding them for fun?
LazyBear
⋅
I do use them occasionally to get a different feel, but usually stick to only a few (1 momentum & 1 volume).
Each new indicator teaches me something new about price though, so mostly I code to learn :)
IvanLabrie
⋅
Very nice, I've been trying a similar approach heh, but my coding is subpar. :p
HigherOnlyCrypto
⋅
Holy cow, how's this for a strategy? Start with supertrend strategy, add VIDYA:VidyaBands as the 'source'. Then, within the Vidya Bands indicator, change its source to G-trend. Profit factor over 30, win rate of 74% and avgwin/avgloss is 17.4. Ive never seen anything as accurate or reactive in all my life. Works best on 1hr time frame. Must include bands and g-trend indicators on the chart. Set multiplyer to 0 zero.
User87234
⋅
Thanks for sharing this, LazyBear. I wanted to point out a calculation bug fix where at the beginning of the chart the VMA band will dip down to zero and start from there. You can stop that from happening if you change line 30. There may be a better choice than src, but it seems better place to start than 0. Hope this helps.
From:
vma=(1 - k*vI)*nz(vma) + k*vI*src
To:
vma=(1 - k*vI)*nz(vma, src) + k*vI*src
lavventura
⋅
where does `pdmS` come from?
vijay04
⋅
Hello sir
Can you make our owe indicator ? Pls let me know .
NaokiHasegawa
⋅
Hello, I know this is from a while ago so you might not see this, but what is the length of the ATR for these? the standard 14? I absolutely love your indicators and I'm digging deep!
Great work, as usual.
Have you used these, or just coding them for fun?