Anchored Moving average

[arvane]

Just wondering if anybody has experimented with an anchored moving average.

This is where you select a point on the chart and the moving average is calculated from that bar.

Importantly...the moving average's denominator is not fixed but cumulative. For example...on day 10...the previous 9 days closes plus today's close are totaled and divided by 10

On day 11 the previous 10 day's closes plus today's close are totaled and divided by 11.

This continues until you run out of data.

Might somebody have a script that performs this?

Thanks in advance,
James

[Doji3333]

I don't. The best solution is to use a button series to store/create it. You need to mark the "anchor" to some bar using EFS (automatically or manually).

Maybe I can play with this over the next few days and add it to one of my products for you to play with.

Did you read about this in TASC?

B

[arvane]

Brad...i read about it in a book..."nature of trends" - barros

he calls it "MIDAS"...and after some searching i noted that another variation is an anchored volume weighted MA as well...

they seem like they work well...

-james

[toddao]

this is what advanced get does with its 3 color wave 4 lines except the moving average is based on the number of bars in the last swing.