VIDYAMovingAverage
Posted by Mohammad Rahhal, Last modified by Laith Ghawi on 05 July 2019 01:34 PM

Syntax

Public Function VIDYAMovingAverage(chart_ID As Long,applyTo As ENUM_APPLIED_PRICE, period As Integer, R2Scale As Double) As String 

Description

A Variable Moving Average is an exponential moving average that adjusts to volatility.

A Moving Average is most often used to average values for a smoother representation of the underlying price or indicator.

Parameters

Key Description 
chart_ID Chart identifier, 0 is the current chart, a value of type Long
applyTo Applied price, a value of type ENUM_APPLIED_PRICE.
period The calculation period, on which the indicator will be calculated, a value of type Integer.
R2Scale The indicator scale value as a Double between 0.1 and 0.9.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (VIDYAMovingAverage(0,Price_close,14,0.5)) 'Draws the indicator on the chart and shows an AlertMessage with the indicator name.

End Sub​

See Also


Back to VTL Client Script Index

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