Square Root Weighted Moving Average — Indicator by cheatcountry

trendanalysis movingaverage wma squareroot weightedmovingaverage weighted weight sqrt weighting

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!

Release Notes:

updated some typos

Release Notes:

updated to make it consistent my with my other indicators

Release Notes:

fixed issue with default resolution

I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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