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everget

Corrected Moving Average

everget Wizard  
Moving Averages Volatility Standard Deviation uhl corrected CMA Standard Deviation (Volatility)
1100
7
movingaverage volatility standarddeviation uhl corrected cma stdev
This moving average was originally developed by professor Andreas Uhl in 2005 (The paper in German: www.buero-uhl.de/data/cma.pdf). Here is the guy himself: wavelab.at/member-uhl.shtml

The strength of the CMA is that the current value of the time series must exceed the current volatility-dependent threshold, so that the filter increases or falls, avoiding false signals in weak phases.

The straight line of CMA can be used for a ranging market identification
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Freelance -> Telegram: @alex_everget

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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