OPEN-SOURCE SCRIPT
Anchored Moving Average By Market Mindset - Zero To Endless
Updated
Anchored Moving Average?
An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP.
WMA is relevant if big moves are there.
SMA is relevant if volume data is not to be considered or if it is not available.
VWAP is the standard anchored MA, which is most commontly used. Is consider the volume data along with the price move.
In this indicator, Auto anchor is time based anchor. A trader can opt for Pivot Type Anchor or Volume Type Anchor or some higher resolution based anchor too. The length of the pivot lookback can also be changed by the user.
It can be used for intraday, swing trading and even for technical based investment purpose.
An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP.
WMA is relevant if big moves are there.
SMA is relevant if volume data is not to be considered or if it is not available.
VWAP is the standard anchored MA, which is most commontly used. Is consider the volume data along with the price move.
In this indicator, Auto anchor is time based anchor. A trader can opt for Pivot Type Anchor or Volume Type Anchor or some higher resolution based anchor too. The length of the pivot lookback can also be changed by the user.
It can be used for intraday, swing trading and even for technical based investment purpose.
Release Notes
Bug FixesRelease Notes
ChangeLog :- Added Pivot Moving Averages
Release Notes
Bug FixesRelease Notes
ChangeLog : 1. Removed timeframe block (as TradingView doesn't support drawing tools with Timeframe Block)
2. Replaced Pivot MA plots with drawing to improve view
3. Added Toggle and Style Block in settings
4. Added Highlighter on Anchor change.
5. Bug Fixes
Release Notes
ChangeLog :1. Bug Fixes
2. Improved UI/UX
3. Removed Pivot MA when anchor is a Pivot Type Anchor (Pivot High/Low or Pivot Volume High/Low)
Release Notes
- Added More Higher Timeframe Based Anchor Points- Removed Offset Option
- Bug Fxes
Release Notes
Changelog :- Added a Custom anchor -
User can select starting point (date/time).
Release Notes
ChangeLog :- Simplified the UI (Input Panel)
Release Notes
On a special request, roling back the previous version.Release Notes
- Bug FixesRelease Notes
Changelog :- Made Inputs simpler
- Bug Fixes
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.
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.