OPEN-SOURCE SCRIPT
Updated Automatic Moving Average
Automatic moving average removes the need to set the moving average length manually. The indicator progressively finds a suitable length that minimizes the number of candle body touches and maximizes the number of wick touches.
Release Notes
Adjust chart demo.Change default smoothing to 3.
Release Notes
Clean up chart.Update tooltip.
Release Notes
Improve responsiveness of the curve.Release Notes
Small changes.
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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