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kram
Posted : Friday, July 21, 2017 8:49:48 AM
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Joined: 10/7/2004
Posts: 80

I use versions 17 - i do not see "Triangular moving average".  Is it possible to create this in this version?

thank you


 

Bruce_L
Posted : Friday, July 21, 2017 8:59:49 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

A triangular moving average is just an SMA of an SMA, so while it is not built in, you can re-create it fairly easily.

For odd periods, you would divide the period by two and round up to get the period of the SMA to use.

For example, a 9 period triangular moving average can be calculated as:

AVG(AVGC5, 5)

For even periods, divide by two and use that period for one of the moving averages, but add 1 for the second moving average.

For example, a 10 period triangular moving average can be calculated as:

AVG(AVGC5, 6)



-Bruce
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kram
Posted : Friday, July 21, 2017 9:12:42 AM
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Joined: 10/7/2004
Posts: 80

thank you

 

kram
Posted : Friday, July 21, 2017 2:21:34 PM
Registered User
Joined: 10/7/2004
Posts: 80

Hi Bruce,

Is it possible to plot this on the price chart?  It shows up on a separate indicator plot.

thanks

Bruce_L
Posted : Friday, July 21, 2017 2:27:39 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You need to move the Custom PCF Indicator into the same pane and scale as price.

Indicator Scaling (2:38)



-Bruce
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kram
Posted : Friday, July 21, 2017 2:34:14 PM
Registered User
Joined: 10/7/2004
Posts: 80

thanks

Bruce_L
Posted : Friday, July 21, 2017 2:40:57 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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