OPEN-SOURCE SCRIPT
Log-space Exponential Moving Average
Updated
This is the same as simple EMA except it performs averaging in log space, which should give more accurate results for very long-term and highly volatile charts.
Release Notes
Degrades gracefully when few candles are availableRelease Notes
drop 1st candle for more stability in the beginningOpen-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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