Customizable moving averages (MAs) on a chart, using different types of MAs (Simple, Weighted, Exponential) and price data sources (Close, Open, High, Low)
The WMA and SMA Indicator provides flexibility in visualizing moving averages based on user-defined parameters. It supports three types of moving averages: Simple (SMA), Weighted (WMA), and Exponential (EMA). The user can apply these averages to various data sources like Close, Open, High, Low, or calculated values such as Median, Typical, and Weighted Prices.
This tool also lets you select the timeframe for which the indicator is active, ensuring you focus on specific data periods without cluttering your charts with unnecessary information.
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