OPEN-SOURCE SCRIPT
已更新 Deviation Adjusted MA

Overview
The Deviation Adjusted MA is a custom indicator that enhances traditional moving average techniques by introducing a volatility-based adjustment. This adjustment is implemented by incorporating the standard deviation of price data, making the moving average more adaptive to market conditions. The key feature is the combination of a customizable moving average (MA) type and the application of deviation percentage to modify its responsiveness. Additionally, a smoothing layer is applied to reduce noise, improving signal clarity.
Key Components
Customizable Moving Averages
The script allows the user to select from four different types of moving averages:
Simple Moving Average (SMA): A basic average of the closing prices over a specified period.
Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to recent price changes.
Weighted Moving Average (WMA): Weights prices differently, favoring more recent ones but in a linear progression.
Volume-Weighted Moving Average (VWMA): Adjusts the average by trading volume, placing more weight on high-volume periods.
Standard Deviation Calculation
The script calculates the standard deviation of the closing prices over the selected maLength period.
Standard deviation measures the dispersion or volatility of price movements, giving a sense of market volatility.
Deviation Percentage and Adjustment
Deviation Percentage is calculated by dividing the standard deviation by the base moving average and multiplying by 100 to express it as a percentage.
The base moving average is adjusted by this deviation percentage, making the indicator responsive to changes in volatility. The result is a more dynamic moving average that adapts to market conditions.
The parameter devMultiplier is available to scale this adjustment, allowing further fine-tuning of sensitivity.
Smoothing the Adjusted Moving Average
After adjusting the moving average based on deviation, the script applies an additional Exponential Moving Average (EMA) with a length defined by the smoothingLength input.
This EMA serves as a smoothing filter to reduce the noise that could arise from the raw adjustments of the moving average. The smoothing makes trend recognition more consistent and removes short-term fluctuations that could otherwise distort the signal.
Use cases
The Deviation Adjusted MA indicator serves as a dynamic alternative to traditional moving averages by adjusting its sensitivity based on volatility. The script offers extensive customization options through the selection of moving average type and the parameters controlling smoothing and deviation adjustments.
By applying these adjustments and smoothing, the script enables users to better track trends and price movements, while providing a visual cue for changes in market sentiment.
The Deviation Adjusted MA is a custom indicator that enhances traditional moving average techniques by introducing a volatility-based adjustment. This adjustment is implemented by incorporating the standard deviation of price data, making the moving average more adaptive to market conditions. The key feature is the combination of a customizable moving average (MA) type and the application of deviation percentage to modify its responsiveness. Additionally, a smoothing layer is applied to reduce noise, improving signal clarity.
Key Components
Customizable Moving Averages
The script allows the user to select from four different types of moving averages:
Simple Moving Average (SMA): A basic average of the closing prices over a specified period.
Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to recent price changes.
Weighted Moving Average (WMA): Weights prices differently, favoring more recent ones but in a linear progression.
Volume-Weighted Moving Average (VWMA): Adjusts the average by trading volume, placing more weight on high-volume periods.
Standard Deviation Calculation
The script calculates the standard deviation of the closing prices over the selected maLength period.
Standard deviation measures the dispersion or volatility of price movements, giving a sense of market volatility.
Deviation Percentage and Adjustment
Deviation Percentage is calculated by dividing the standard deviation by the base moving average and multiplying by 100 to express it as a percentage.
The base moving average is adjusted by this deviation percentage, making the indicator responsive to changes in volatility. The result is a more dynamic moving average that adapts to market conditions.
The parameter devMultiplier is available to scale this adjustment, allowing further fine-tuning of sensitivity.
Smoothing the Adjusted Moving Average
After adjusting the moving average based on deviation, the script applies an additional Exponential Moving Average (EMA) with a length defined by the smoothingLength input.
This EMA serves as a smoothing filter to reduce the noise that could arise from the raw adjustments of the moving average. The smoothing makes trend recognition more consistent and removes short-term fluctuations that could otherwise distort the signal.
Use cases
The Deviation Adjusted MA indicator serves as a dynamic alternative to traditional moving averages by adjusting its sensitivity based on volatility. The script offers extensive customization options through the selection of moving average type and the parameters controlling smoothing and deviation adjustments.
By applying these adjustments and smoothing, the script enables users to better track trends and price movements, while providing a visual cue for changes in market sentiment.
版本注释
Added watermark to code 版本注释
added watermark in code 开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
🚀 Elevate your edge with institutional-grade indicators & full trading systems.
🔗 Access tools: linktr.ee/0xKazo
🔗 Access tools: linktr.ee/0xKazo
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。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
🚀 Elevate your edge with institutional-grade indicators & full trading systems.
🔗 Access tools: linktr.ee/0xKazo
🔗 Access tools: linktr.ee/0xKazo
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。