OPEN-SOURCE SCRIPT
Arnaud Legoux Moving Average Set [DM]
Updated
Greetings Colleagues
As it could not be otherwise in the soul series could not miss its own moving average.
Here you can enjoy 3 soul moving averages with color variables and alerts on all crosses of the three moving averages
/// Quick Explained ALMA ///
//Window size: The window size is the look-back period and it is a basic setting of ALMA.
//Experienced traders can change this setting according to their preference.
//But if you are using this indicator for the first time, it is recommended to go with the default setting.
//Offset: The offset value is used to tweak the ALMA so that it will be more inclined
//towards responsiveness or smoothness. You can set the offset in decimals between the 0 to1.
//The value of 0.01 makes it smoother, while a setting of 0.99 makes the indicator more responsive.
//Sigma: The sigma is used for the filter. Any value less than 6 makes the indicator
//more focused, whereas the setting of 6 makes the filter large. According to Mr Arnaud,
//a sigma value of 6 is offer good performance.
As it could not be otherwise in the soul series could not miss its own moving average.
Here you can enjoy 3 soul moving averages with color variables and alerts on all crosses of the three moving averages
/// Quick Explained ALMA ///
//Window size: The window size is the look-back period and it is a basic setting of ALMA.
//Experienced traders can change this setting according to their preference.
//But if you are using this indicator for the first time, it is recommended to go with the default setting.
//Offset: The offset value is used to tweak the ALMA so that it will be more inclined
//towards responsiveness or smoothness. You can set the offset in decimals between the 0 to1.
//The value of 0.01 makes it smoother, while a setting of 0.99 makes the indicator more responsive.
//Sigma: The sigma is used for the filter. Any value less than 6 makes the indicator
//more focused, whereas the setting of 6 makes the filter large. According to Mr Arnaud,
//a sigma value of 6 is offer good performance.
Release Notes
Minor changesRelease Notes
Minor changesRelease Notes
MInor changes , increase limit on all lengthsRelease Notes
Change slow length 89 to 144Change values for gradient color in bars and 3rd moving average
Release Notes
change bar color rulesRelease Notes
added ability for multiple medium averages:ALMA
SMA
WMA
EMA
ETC
Change order in the menu now is more easy navigate betwen the signals.
Enjoy"
Release Notes
minor changes updated log windowOpen-source script
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