OPEN-SOURCE SCRIPT

Return Moving Average [SpiritualHealer117]

1 805
The return moving average is similar to a simple moving average, but is based on return instead of close prices. This indicator works in two modes, oscillator mode and default mode, which can be selected from the inputs menu for the indicator. Oscillator mode features an oscillator centered around 1, which shows the return, and how it relates to the moving average for returns, highest return and lowest return. Default mode features three lines, a white moving average line which shows the average return multiplied by the source, a red line which is calculated from the highest return multiplied by the source, and a green line which shows the lowest return multiplied by the source.

The indicator can be used for checking trends or as an indicator of reversals.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。