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Electrified

Moving Average Periodical

Electrified Updated   
Moving Averages Simple Moving Average (SMA) PMA DMA 5dma
80
5
movingaverage simplemovingaverage pma dma 5dma
PMA derives the length of its rendered SMA from the number of periods (example: 5 days) and the length of the period (example: 390 minutes)

The result is an indicator that should be the same across different time-frames of the same type. Allowing for the simple calculation and generation of a Daily Moving Average like the 5 Day SMA (the default for minute based time-frames).
Release Notes:
Change-list:

  • Now allows for targeting varying moving average types. Now SMA, WMA, and EMA are options.
  • A float value is now used to allow for more fine tuning.
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.

Disclaimer

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