Support Board
Date/Time: Tue, 18 Mar 2025 16:50:49 +0000
Post From: Sierrachart add moving average and supertrend studies
| [2022-03-16 06:35:59] |
| Acro - Posts: 442 |
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John, I am a fan of the supertrend and have looked extensively at how this is implemented in tradingview as I have a few charts there that I can use for a myriad of global symbols. TV uses the last bar's median (hl2 in their speak) + a multiple of the "running moving average" over the chosen lookback period. They define this running moving average as the exponentially weighted moving average with alpha = 1 / length. Regardless of whether this is "correct" or not, it does produce a very good result I am happy to pop this in a spreadsheet formula study if tomglib or anyone else can explain how I phrase the RMA in that formula Thanks in advance |