OPEN-SOURCE SCRIPT

KINSKI Flexible Multi MA (EMA, SMA, RMA, WMA, VWMA, KAMA, HMA)

Updated
This Multi Moving Average (MA) indicator is more flexible than any other indicator of this type offered so far. You can define up to 10 different Moving Average (MA) lines based on different calculation variants.

The following MA types can be configured.
- EMA: Exponentially Moving Average
- SMA: Small Moving Average
- RMA: Rolling Moving Average
- WMA: Weighted Moving Average
- VWMA: Volume Weighted Moving Average
- KAMA: Kaufman's Adaptive Moving Average
- HMA: Hull Moving Average

Which settings can be made?
- Selection for calculation formula ("Calculation Source"). The default value is "close".
- for each MA line the "Length" and the "Type" can be defined
- furthermore you can make layout adjustments via the "Style" menu
Release Notes
  • added Smoothed Moving Average (SMMA)
  • added Double Expotential Moving Average (DEMA)
Release Notes
  • added Variable Index Dynamic Average (VIDYA)
Release Notes
  • added Coefficient of Variation Weighted Moving Average (COVWMA)
  • added Exponential Hull Moving Average (EHMA)
  • added new option "Up/Down Movements: On/Off" which shows the up and down movements of the lines
  • added new option "Bands: On/Off" which visualizes the lines as connected bands
Release Notes
  • improvement of the display of bands and up/down trends
Release Notes
  • Advanced options moved to the bottom
  • Display of the bands optimized. If this option is activated, bands and lines are displayed with uniform colors for better differentiation.
Release Notes
  • PineScript 4 compatibility increased. Deprecated attribute "transp" replaced by function color.new()
  • Update function "funcSMMA()": extract the call of the the function 'sma' from the ternary operator
Release Notes
  • Enables the often requested option that user-defined colors can be defined
  • Removed the rarely used options "Up/Down Movements: On/Off", "Up/Down Movements: Rising Length", "Bands: On/Off", "Bands: Transparency".
Release Notes
New feature "Templates" implemented. Under the settings (at the very bottom) of the indicator you can now choose between the following templates.
  • "DISABLED": no template, your user defined settings will be taken over
  • "EMA 20-50-100-200"
  • "EMA Fibonacci 21-55-89-144-233"
  • "EMA 20-50-100-200 / SMA 100-200"
  • "EMA Golden/Death Cross 50-200"
  • "SMA Golden/Death Cross 50-200"
  • "SMA 5-10-20-50-200"
  • HMA Cross 21-34


Feel free to write me if you have ideas for more templates.
Release Notes
  • Convert to PineScript5
Release Notes
  • Using Group for better Overview
  • add new MA Types => "TEMA" (Triple EMA), "Karobein"
Release Notes
  • Group Global Settings
Release Notes
  • for each MA type you can now separately set a time frame and select different design options.
  • following MA types can now be set: 'COVWMA', 'DEMA', 'EMA', 'EHMA', 'FRAMA', 'HMA', 'KAMA', 'Karobein', 'RMA', 'RSX based Noise Remover', 'SMA', 'SMMA', 'TEMA', 'VIDYA', 'VWMA', 'WMA'


Important note:
In some cases, the new version of the indicator is displayed only by removing and adding it back to the chart.
Release Notes
  • removed unused plot.style_columns
Release Notes
  • For each moving average, a separate calculation source ('close' by default) can now be defined


Important note:
In some cases, the new version of the indicator is displayed only by removing and adding it back to the chart.
Release Notes
  • Fixed Calculating of Variable Index Dynamic Average (VIDYA). Thanks at drmkshatriya for the hint!
Release Notes
  • Fixed SMMA (RMA)
Release Notes
  • fixed calculating KAMA
  • removed not working "Karobein", "RSX based Noise Remover based Noise Remover"


Thanks fluorforest for the hint!
covwmaExponential Moving Average (EMA)HMAKaufman's Adaptive Moving Average (KAMA)karobeinMoving Averagesrmasma

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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My published Scripts:
de.tradingview.com/u/KINSKI/

Appreciation of my work: paypal.com/paypalme/steffenhollstein

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