OPEN-SOURCE SCRIPT
Geometric Moving Average (GMA)
Geometric Moving Average (SMA):
What it is: GMA represents a weighted average of prices over a period of time, giving more weight to new data.
How to use: Like other types of moving averages, the EMA can help identify trends. When the closing price is above GMA, it may indicate an uptrend, and when it is lower, it may indicate a downtrend.
What it is: GMA represents a weighted average of prices over a period of time, giving more weight to new data.
How to use: Like other types of moving averages, the EMA can help identify trends. When the closing price is above GMA, it may indicate an uptrend, and when it is lower, it may indicate a downtrend.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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