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rareHeron59465

JC Log($/SMA)

rareHeron59465 Updated   
Centered Oscillators LOGARITHMIC sma
10
0
centeredoscillator logarithmic sma
Simple script with user-definable:

• SMA denominator days.

• A handy and subtle smoothing function for the numerator, in EMA days. Set to 0 to just use the standard current price. (Defaults to 3 for barely noticeable lag and smoothing.)

• User-definable time resolution, independent of the chart. (Or you can set to use the same as the chart.)
Release Notes:
Simple script with user-definable:
  • SMA denominator days.
  • A handy and subtle smoothing function for the numerator, in EMA days. Set to 0 to just use the standard current price. (Defaults to 3 for barely noticeable lag and smoothing.)
  • User-definable time resolution independent of the chart. (Or you can set to use the same as the chart.)
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

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