The length of the lookback period and the type of moving average can be changed in the inputs tab of the indicator. The type of moving average can be selected from:
Simple Moving Averages
Exponential Moving Averages
Symmetrically Weighted Moving Average
Weighted Moving Averages
Volume-weighted Moving Averages
Moving average used in RSI
Arnaud Legoux Moving Averages
The source of prices to use in the calculation can be selected from:
close
open
high
low
(high + low + close + open)/4
(high + low)/2
(high + low + close)/3
Line-weight and colours can be edited in the style tab of the indicator. The default is to plot the SMAs using a length of 20, 50, 100 and 200.
A simpler version of this script is available here:
版本注释
Reverted to the previous version as TView fixed bug.
版本注释
Added an option for double exponential moving averages (DEMA).
版本注释
I have added an option to plot a moving average ribbon. You can customize all features and can plot the colour based on whether the line if sloping up (green), down (red) or "flat" (orange).