Fourteen Moving Average Types Based on Closing Prices
Summary
This document describes an indicator that calculates fourteen moving average variants from closing prices. The listed methods include simple, exponential, weighted, and volume-weighted averages, alongside variants such as double and triple exponential averages, zero-lag exponential averages, Hull, Arnaud Legoux, and least-squares moving averages. It also includes running, triangular, smoothed, and Donchian calculations.
The text identifies the indicator’s scope and says most calculations rely on Pine Script libraries, but it does not provide formulas, parameter defaults, code, or comparisons among the methods. It also offers no trading rules, tests, or evidence that any one average performs better. The material is therefore useful as an inventory of indicator types, while implementation details and practical selection criteria must be obtained elsewhere.
Key ideas
- The indicator computes fourteen moving average variants from closing prices.
- The list spans simple, exponential, weighted, and volume-weighted averages.
- It includes several modified averages, including DEMA, TEMA, ZLEMA, HMA, and ALMA.
- The document supplies no formulas, parameter settings, or comparative performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.