This indicator is a functional enhancement to John Bollinger's Bollinger Bands. I've used Volume to adapt dynamic length which is used in basis (middle line) of Bollinger Bands and Simple Moving Average is replaced with Adaptive Ehlers Deviation Scaled Moving Average ( AEDSMA ). BOLLINGER BANDS BASIC USAGE AND LIMITATIONS Bollinger bands are popular among...
Strategy Introduction This multi-timeframe strategy generates buy and sell entries based on two Moving Averages’ cross with an option to turn on trend direction confirmation through 3rd Moving Average selection. While all three moving averages can be selected from the following list: SMA EMA DEMA TEMA LRC WMA MF VAMA TMA HMA JMA Kijun v2 EDSMA ...
Speculation Ratio Territory It is used to find the Index Top or Bottom which will define the buying and selling zone. It should be checked on a weekly chart. Example : As Nifty Trades around 248 days in a year. So, 248/2 = 124 Now Use 124 DSMA on weekly chart. Suppose Nifty 124 DSMA is @16000 and Current Market Price is 16500, then SRT = 16500/16000 =...
This script is an accumulation of DSMA (Deviation Scaled Moving Averages) made into a guppy. Special thanks to Chuckbanger for the original DSMA script. Originally invented by John Ehlers. The DSMA can be useful in determining tren vs consolidation, as the DSMA lines will be flat amidst consolidation/chop with minimal lag, adapting to volatility. The plots have a...
I was looking for a DSMA and couldn't find one, so I created . This code is very simple and so I hope this is helpful to beginners to creating new code.
Ehlers Deviation-Scaled Moving Average indicator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:8: The Deviation-Scaled Moving Average).
Hi I was recently asked about DMA so thought i would create a study on that with colour. You can choose either smooth or exponential. Hope you like, if so please click the like button and let me know your thoughts. If you would like to be kept up to date please FOLLOW us and try our indicators and strategies here: uk.tradingview.com