An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP. WMA is relevant if big moves are there. SMA is relevant if volume data is not to be considered or if it is not available. VWAP is the standard anchored MA, which is most commontly used. Is consider the volume data along with the price move.
In this indicator, Auto anchor is time based anchor. A trader can opt for Pivot Type Anchor or Volume Type Anchor or some higher resolution based anchor too. The length of the pivot lookback can also be changed by the user.
It can be used for intraday, swing trading and even for technical based investment purpose.
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Bug Fixes
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ChangeLog : - Added Pivot Moving Averages
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Bug Fixes
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ChangeLog : 1. Removed timeframe block (as TradingView doesn't support drawing tools with Timeframe Block) 2. Replaced Pivot MA plots with drawing to improve view 3. Added Toggle and Style Block in settings 4. Added Highlighter on Anchor change. 5. Bug Fixes
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ChangeLog : 1. Bug Fixes 2. Improved UI/UX 3. Removed Pivot MA when anchor is a Pivot Type Anchor (Pivot High/Low or Pivot Volume High/Low)
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- Added More Higher Timeframe Based Anchor Points - Removed Offset Option - Bug Fxes
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Changelog :
- Added a Custom anchor - User can select starting point (date/time).
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ChangeLog : - Simplified the UI (Input Panel)
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On a special request, roling back the previous version.
In indicator, toggles and styles, colour is changing but line,dot line are not inter change. Please correct the same if u want
marketmindset
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@meenaketankumar, Respected Sir, I just tested line styles - they are working fine. Yes, I can find some other bugs... But the thing you mentioned is not there.
meenaketankumar
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@marketmindset, it may be, I m using free trading view account
marketmindset
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@meenaketankumar, this account of mine is free. And things are working perfectly fine
Kindly note : Dotted / dashed lines work for straight Ines (prev day averages) only.
meenaketankumar
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I m very thankful to you if u can provide me previous version
@meenaketankumar, I know brother - i just wanted to know.. Is there anyone who is actually using these simple stupid tools or not. 😂 Thanks for your feedback I'll definitely upgrade it shortly.
Please correct the same if u want