OPEN-SOURCE SCRIPT

3 Zero Lag + 3 Moving Averages + 3 RVWAP

964
The "3 Zero Lag + 3 Moving Averages + 3 RVWAP" (ZMR) indicator combines three groups of tools for technical analysis.

1. Three Customizable Moving Averages (MAs):
Configuration for Each MA:

Choice of 7 types (SMA, EMA, WMA, HMA, VWMA, LSMA, SMMA).

Independent periods and price sources for each line.

Visualization:

MA1 (Blue), MA2 (Red), MA3 (Green).

2. Three Zero Lag EMAs (ZLEMA) with Individual Settings:
Lag Reduction: Corrects traditional EMA lag using:
Adjusted Price = 2 * Current Price - Price[Lag Period].

Flexibility:

Unique lengths (20, 50, 70) and individual price sources for each ZLEMA (HLC3, HL2, Close, etc.).

Colors:

ZLEMA1 (Yellow), ZLEMA2 (Orange), ZLEMA3 (Purple).

3. Three Rolling VWAPs with Custom Parameters:
Volume-Weighted Average Price (VWAP):

Calculated for three periods (20, 50, 100) with dedicated price sources for each VWAP.

Colors:

VWAP1 (Pink), VWAP2 (Light Blue), VWAP3 (Neon Green).

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.