OPEN-SOURCE SCRIPT
تم تحديثه Running Average [EXPERIMENT]

Predicting the future has nothing to do with trading, understanding your indicator and knowing how to use it does.
Probably not the most efficient code, oh well..
Let me know if it's useful :)
Probably not the most efficient code, oh well..
Let me know if it's useful :)
ملاحظات الأخبار
UPDATE:- Made it much more user friendly with options in the input tab
New Explanation:
Below you see 2 triangles on the chart. It takes the highest high and lowest low between current price and the triangles, the mid point will be the current moving average value.
The offset (prediction) is calculated by giving it 1 length less than the previous, and an offset 1 more than the previous. This offset should always be true until a new high or new low is made out of the range between the triangles.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.