VIDYA by Mehmet Yildizli - Variable Index Dynamic Average
Our behaviours toward financial markets change every time of any date. On the other hand, we usually tend to analyze averages via constant period-of time. That is, our analyzing way is not consistant with a changing dynamics of financial markets.
Therefore, a new form of Moving Average comes trough into the scene: The Variables Index Dynamic Average-VIDYA.
VIDYA is a moving average that regulates itself according to the volatiliy of prices. When prices go up or fall down rapidly VIDYA approches to prices. When prices move less volatile, VIDYA tracks the prices from a distance.
We start calculating VIDYA with an approch of Exponential Moving Average. However, the difference between VIDYA and EMA(Exponential Moving Average) is the changes of constant coeffient of EMA, according to volatility. When new price comes, each time, the VIDYA calculates a new coefficient used to calculate the average. Then, each time a new price comes, a new period of time is calculated according to volatiliy.
In this moving average indicator, you can set two moving average period at the same time. Additionally, you can set two different step height for two moving averages. These step height coefficients is used to round the moving averages. Therefore, when prices cross up and down continously you can change these step heights in order to prevent unnecessary trades.
ملاحظات الأخبار
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Version 2.0 Updates: - Default value of 'Step Height' for second average has been changed to 0.002 - Default color of the first average has been changed to purple.
Thank you for writing this indicator. Would you be able to share the code so we can make some cosmetic changes to it? Will be grateful. Thank you.
prasadbuwa
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At some points it clearly see ma is getting repaint.!
prasadbuwa
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Hi please share code or at least do some necessary changes like, moving average color change on raising and falling. also add plotshape up/down tringle on moving average crossover.
prasadbuwa
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please share source code.!
jasototv
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Hello, can you share code? .. Want to covert it to tos and see how it tests..
Thanks.
Trade_Tech_4u
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This is really a cool indicator. Would like to create a stratgy to backtest it. It would be great if you share the source code.
SHARK-
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Teşekkürler...
Eagle587
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hocam tşekkürler türkçe yorum olarakta eklenebilir mi ayarlama ve zaman karşılığında hassasiyet hususunda yardımınızı rica ediyorum
PowerfulHiddenPuma
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Great indi. Are you able to share the content of this indi? I'd like to combine it with another indi and do some back testing.
Man1di5buk3
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Hocam merhaba, tema ayni fonksiyonlari tasimiyor mu? Hatta ben ona yururyen ema diyorum :0 Tesekkurler. Nevin