Range Weighted Moving Average

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Range Weighted Moving Average

Postby Apprentice » Thu Nov 25, 2021 7:24 am

NZDCAD m1 (11-25-2021 1315).png

RMA.lua
(4.73 KiB) Downloaded 180 times
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Re: Range Weighted Moving Average

Postby bartwas1 » Fri Nov 26, 2021 6:52 am

Hi Apprentice

Does your Range Weighted Moving Average will come with colouring on the slope change, sort of like HMA. I mean it looks like it could be interesting for trading. Anyway it has got some potential. Just food for thought. Good luck trading.
Regards. B.
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Re: Range Weighted Moving Average

Postby bartwas1 » Fri Nov 26, 2021 7:27 am

Hi
I thought that your RWMA could be used nicely with ChandelierExit - published here long time ago or with BB stops you've recently adapted from metatrader.
Entries could be done on crosses with CE or BB - just an idea. Have look at the chart.
Regards by B.
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Re: Range Weighted Moving Average

Postby bartwas1 » Fri Nov 26, 2021 7:49 am

Apprentice wrote:Try it now.

Hi Apprentice
This indicator looks like it looked before I'd downloaded at first. What changes have you done?
B.
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Re: Range Weighted Moving Average

Postby Apprentice » Fri Nov 26, 2021 7:49 am

Sure. Can you define entry/exit rules?
Make sure to post the link to the ChandelierExit?
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Re: Range Weighted Moving Average

Postby bartwas1 » Fri Nov 26, 2021 8:06 am

Apprentice wrote:Sure. Can you define entry/exit rules?
Make sure to post the link to the ChandelierExit?

Hi Apprentice
Don't worry about making a strategy, I've just posted this with your indicator as an idea. Thanks though for trying to be nice.
The only thing I was truly interested was if Range Weighted Moving Average can be done to change colour on the slope like e.g.: HMA
If it can't its ok.
Thanks for all your work.
Bart
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Re: Range Weighted Moving Average

Postby Apprentice » Mon Nov 29, 2021 4:07 am

RMA.lua
(4.99 KiB) Downloaded 135 times

The color option was added.
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