Public Function VIDYAMovingAverage(chart_ID As Long,applyTo As ENUM_APPLIED_PRICE, period As Integer, R2Scale As Double) As String
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.
|chart_ID||Chart identifier, 0 is the current chart, a value of type Long|
|applyTo||Applied price, avalue of typeENUM_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.|
Returns the handles of a technical indicator, in case of failure returns an empty string.
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