Dissected the standard SWMA function and added options for user to change just about every part of it. Weights ,Lookback ,Source can all be changed in the settings. Green is the standard SWMA, Using the Input value selected.(MAs/LRC/VWAP) Red is the tuned SWMA, with the option of applying a final Output filter (MAs/LRC/VWAP). Uses 8 datapoints instead of 4 for...
Short Version: This is a fairly self-contained system based upon a moving average crossover with several unique features. The most significant of these is the adjustable volume weighting system, allowing for transformations between standard and weighted versions of each included MA. With this feature it is possible to apply partial weighting which can help to...
The weighted close isn't an option for an input yet on TV so here is my contribution. It gives more weight to the close prices and I have included a signal line to look for buy and sell signals. Buy when the indicator goes over its signal line and sell when it falls below it. This was a special request so let me know what other scripts you would like to see me...
This is another indicator that I have created that is my favorite script yet for a weighted moving average. This indicator is very similiar to a classic weighted moving average but in this version I'm cubing the weights. It hugs the price very closely as you can see and of course buy when the indicator line is green and sell when it is red. Let me know if you...
The Variable Power Weighted Moving Average was created by RedKTrader so make sure you follow them! This is a very handy indicator where you can change the weights of the weighted moving average yourself! For an easy guide here are common values to use to convert this indicator into other indicators: Power = 0 = Simple Moving Average Power = 0.5 = Square Root...
The Optimal Weighted Moving Average was created by Thomas Hutchinson and Peter G. Zhang, Ph.D. (Stocks & Commodities V. 11:12 (500-505)) and it is very similar to a classic weighted moving average but it uses the correlation between the input and the optimal weighted moving average output to use as the weights. Buy when the line turns green and sell when it turns...
The Squared Weighted Moving Average is similar to the classic Weighted Moving Average but the difference is that it squares the weights instead of the classic weight values. Buy if the indicator line is green and sell when it goes red. Let me know if you would like to see any more scripts from me or if you want something custom done!
The Square Root Weighted Moving Average is similar to the classic Weighted Moving Average but the difference is that it uses the square root of the weights instead of the classic weight values. Buy if the indicator line is green and sell when it goes red. Let me know if you would like to see any more scripts from me or if you want something custom done!
The related article is copyrighted material from Stocks & Commodities 2009 Oct
This is an experimental study derived from George Lane's Stochastic Oscillator. The %KWMA is calculated by taking a moving average of source with a %K weighting factor over its specified period. The %DWMA is calculated by taking a simple moving average of %KWMA over its specified period. Custom bar color scheme included.
The TRIMA is simply the SMA of the SMA -- a double-smoothed simple moving average . The end effect of the double smoothing is that greater weight is placed on values near the middle of the lookback period. It therefore reacts relatively slowly to price changes compared to most moving averages . But why would I want more lag? One potential use of this moving...
The related article is copyrighted material from Stocks & Commodities 2009 Oct