Dynamic SMA

1 ביולי 2021

This script uses dynamic length to create a different sma type.

The length of the "Dynamic SMA" - "dSMA" can be:
'RSI', 'Stoch', 'ATR', 'MFI' or '%R'

For example 'RSI' -> the length of the sSMA will be the RSI itself

The biggest challenge was:
'Pine cannot determine the referencing length of a series. Try using max_bars_back' error

The writer of 'referencing length of a series' issue gave following solution:

bar_index == 0 ? 4999 : len
or in case of values which don't go above 100:
bar_index == 0 ? 100 : len

This assigns the necessary buffer to the function.
I'm most grateful for the given solution!

These dSMA's can give Support/Resistance levels, also crossovers of different dSMA's can give extra information

Examples:


RSI


ATR (close / atr(len)


Stoch


MFI


%R


"show regular SMA" will show the "SMA" with the same length (with default lighter color)

14 באפר׳ 2023

הערות שחרור

Updated to v5
Due to evolution in Pine Script™, an error occurred,
should be fixed now.

14 באפר׳ 2023

הערות שחרור

Update, bugfix (max len 5000 allowed)

14 באפר׳ 2023

הערות שחרור

Further Bugfix, sorry guys!