OPEN-SOURCE SCRIPT
Updated Moving Average Bundle
3 Moving Average Lines. All parameters are configurable via user input.
Each of these moving average lines already exist as individual indicators in TradingView. This script just bundles them for one stop shopping. It's helpful if you're limited by the number of indicators per chart. And highly educational: quickly compare the different averaging methods!
sma: Simple Moving Average
rma: Recursive Moving Average
ema: Exponential Moving Average
wma: Weighted Moving Average
vma: Volume Weighted Moving Average
wma: Weighted Moving Average
alma: Arnaud Legoux Moving Average
Note: Only Pine built-in functions are included.
Each of these moving average lines already exist as individual indicators in TradingView. This script just bundles them for one stop shopping. It's helpful if you're limited by the number of indicators per chart. And highly educational: quickly compare the different averaging methods!
sma: Simple Moving Average
rma: Recursive Moving Average
ema: Exponential Moving Average
wma: Weighted Moving Average
vma: Volume Weighted Moving Average
wma: Weighted Moving Average
alma: Arnaud Legoux Moving Average
Note: Only Pine built-in functions are included.
Release Notes
Added several filters. See the beginning comments in the code for a full description.- Ehler's Laguerre filter
- Ehler's Adaptive Laguerre filter
- Ehler's Super Smoothing filter, 2 pole and 3 pole
- Hull moving average
- Percentile moving line
- Highest Lowest average moving line (like the Ichimoku Cloud)
- Exponential decay lines
Filters can be cascaded. Optional shading between filters.
This moving average bundle helps me get a feel for how different TA filters work, or don't work... or how they relate to each other. It's fascinating! I've spent too much time combining filters in unconventional ways, experimenting... playing. Oh, and trading too. Hope you find it useful :)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.