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The Problem with Moving Averages
moving averages have many problems. In the first place, they are inappropriately applied. Moving averages in different periods operate with varying degrees in different markets. For example, how can one know when to use a 10-day to a 20- to a 50-day moving average in a fast or slow market? In order to solve the problem of choosing the right length of the moving average, ₣ⱤØⱫØ₦Ø was built to automatically adjust to the current speed of the market.
Moving averages failed to follow prices since large separations frequently exist between prices and moving average lines. He sought to eliminate these problems by inventing an indicator that would hug prices more closely, avoid price separation and whipsaws and follow prices automatically in fast or slow markets.
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Instruções do autor
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Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com Shenl0ng.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.