INVITE-ONLY SCRIPT
Moving Average Smoothness Benchmark
Updated
Hey there!
This tool will help you to choose a moving average/filter that has the lowest lag throughout the whole history for the specified period.
What does it do?
It calculates the mean absolute errors for each moving average or filter and shows histogram with results. The lower error the lower lag of the moving average.
So, the best average will be at the end of the list of labels on the chart.
Settings
The main setting is a period for all moving averages.
Additionally, it allows to customize some multi-parametric moving average such as JMA, ALMA, McGinley Dynamic, Tillson's T3, REMA, Adaptive Laguerre Filter, Hampel Filter, Recursive Median Filter and Middle-High-Low MA.
NOTE: The results may vary on the different tickers and timeframes. This tool measures the performances on the current ticker and on the current timeframe.
Supported averages/filters (use short titles to match movings on the chart)
Good luck and Merry Christmas!
This tool will help you to choose a moving average/filter that has the lowest lag throughout the whole history for the specified period.
What does it do?
It calculates the mean absolute errors for each moving average or filter and shows histogram with results. The lower error the lower lag of the moving average.
So, the best average will be at the end of the list of labels on the chart.
Settings
The main setting is a period for all moving averages.
Additionally, it allows to customize some multi-parametric moving average such as JMA, ALMA, McGinley Dynamic, Tillson's T3, REMA, Adaptive Laguerre Filter, Hampel Filter, Recursive Median Filter and Middle-High-Low MA.
NOTE: The results may vary on the different tickers and timeframes. This tool measures the performances on the current ticker and on the current timeframe.
Supported averages/filters (use short titles to match movings on the chart)
- SMA, Simple MA
- EMA, Exponential MA
- WMA, Weighted (Linear) MA
- RMA, Running MA (by J. Welles Wilder)
- VWMA, Volume Weighted MA (by Buff P. Dormeier)
- AHMA, Ahrens MA (by Richard D. Ahrens)
- ALMA, Arnaud Legoux MA (by Arnaud Legoux and Dimitris Kouzis-Loukas)
- ALF, Adaptive Laguerre Filter (by John F. Ehlers)
- ARSI, Adaptive RSI
- DEMA, Double Exponential MA (by Patrick G. Mulloy)
- EDCF, Ehlers Distance Coefficient Filter (by John F. Ehlers)
- EVWMA, Elastic Volume Weighted MA (by Christian P. Fries)
- FRAMA, Fractal Adaptive MA (by John F. Ehlers)
- HFSMA, Hampel Filter on Simple Moving Average
- HFEMA, Hampel Filter on Exponential Moving Average
- HMA, Hull MA (by Alan Hull)
- HWMA, Henderson Weighted MA (by Robert Henderson)
- IIRF, Infinite Impulse Response Filter (by John F. Ehlers)
- JMA1, Jurik MA with power of 1 (by Mark Jurik)
- JMA2, Jurik MA with power of 2 (by Mark Jurik)
- JMA3, Jurik MA with power of 3 (by Mark Jurik)
- JMA4, Jurik MA with power of 4 (by Mark Jurik)
- LF, Laguerre Filter (by John F. Ehlers)
- LMA, Leo MA (by ProRealCode' user Leo)
- LSMA, Least Squares MA (Moving Linear Regression)
- MD, McGinley Dynamic (by John R. McGinley)
- MHLMA, Middle-High-Low MA (by Vitali Apirine)
- REMA, Regularized Exponential MA (by Chris Satchwell)
- RMF, Recursive Median Filter (by John F. Ehlers)
- RMTA, Recursive Moving Trend Average (by Dennis Meyers)
- SHMMA, Sharp Modified MA (by Joe Sharp)
- SWMA, Sine Weighted MA
- TEMA, Triple Exponential MA (by Patrick G. Mulloy)
- TMA, Triangular MA
- T3, (by Tim Tillson)
- VIDYA, Variable Index Dynamic Average (by Tushar S. Chande)
- ZLEMA, Zero Lag Exponential MA (by John F. Ehlers and Ric Way)
- BF2, Butterworth Filter with 2 poles
- BF3, Butterworth Filter with 3 poles
- SSF2, Super Smoother Filter with 2 poles (by John F. Ehlers)
- SSF3, Super Smoother Filter with 3 poles (by John F. Ehlers)
- GF1, Gaussian Filter with 1 pole
- GF2, Gaussian Filter with 2 poles
- GF3, Gaussian Filter with 3 poles
- GF4, Gaussian Filter with 4 poles
Good luck and Merry Christmas!
Release Notes
- Added option to reboot indicator
- Added Double Weighted Moving Average (DWMA)
- Added Inverse Distance Weighted Moving Average (IDWMA)
- Added Exponential Hull Moving Average (EHMA)
- Added Parabolic Weighted Moving Average (PWMA)
- Added JMA Phase parameter
Release Notes
- Added optimizations
- Added enhanced visualization - now it has more controls
New Moving Averages:
- AEMA, Adaptive Exponential MA (by Vitali Apirine)
- AMA, Adaptive MA (by Vitali Apirine)
- BAMA, Bryant Adaptive MA (by Michael R. Bryant)
- DWMA, Double Weighted MA
- EHMA, Exponential Hull MA
- IDWMA, Inverse Distance Weighted MA
- JMA, Jurik MA (by Mark Jurik https://www.tradingview.com/script/714vYiDe-Jurik-Moving-Average/)
- JAMA, Jurik Adaptive MA (by Mark Jurik)
- KAMA, Kaufman Adaptive MA (by Perry J. Kaufman)
- MNMA, McNicholl MA (by Dennis McNicholl)
- NSMA, Moving Average 3.0 on SMA (by Manfred G. Dürschner)
- NEMA, Moving Average 3.0 on EMA (by Manfred G. Dürschner)
- NWMA, Moving Average 3.0 on WMA (by Manfred G. Dürschner)
- NVWMA, Moving Average 3.0 on VWMA (by Manfred G. Dürschner)
- PEMA, Pentuple Exponential MA (by Bruno Pio)
- PWMA, Parabolic Weighted MA
- QMA, Quick MA (by John McCormick)
- QEMA, Quadruple Exponential MA (by Bruno Pio)
The total number of supported moving averages and filters is 63 now
Release Notes
- Update
Release Notes
- Bump Pine Script version to 4
Release Notes
- Pine Script V5
- Added sorting of results for better UX
- Added comments for better UX
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact everget for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram @alex_everget
Want to use this script on a chart?
Warning: please read before requesting access.
Freelance -> Telegram: @alex_everget
A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
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.