Based around the Centered Moving Average as published by Vailant-Hero this script is revised and improved to aid with execution time & server load. For full description follow the link as above, as Valiant-Hero explains the idea perfectly well. While the original script worked fine for small values of length, once length was extended significantly or chart...
The Centered moving averages tries to resolve the problem that simple moving average are still not able to handle significant trends when forecasting. When computing a running moving average in a centered way, placing the average in the middle time period makes sense. If we average an even number of terms, we need to smooth the smoothed values. Try to describe it...
This indicator includes four centered moving average! The missing periods have been reconstructed with a very complex approximation and projection technique! The hatched areas are approximations of the missing periods projected into the future. It is possible to set the centering of the averages through the variable "Approximation Lenght" and the ratio between...
This indicator is a centered moving average! The missing periods have been reconstructed with a very complex approximation and projection technique! On the chart I loaded a simple 180-period average in blue and our average centered in yellow. The hatched area is the approximation of the missing periods projected into the future. It is possible to set the centering...