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SMAv1 - Rounded Values 5 *
This indicator has an option that allows the moving average to be plotted using values rounded to the nearest tick. I find this very useful at times to reduce the whipsaws. There are 2 indicators available, SMA and EMA. SMA is the default with a period and a smoothing period. So a period of 14 with a smooth of 1 results in the standard SMA. A period of 1 and smooth of 14 results in a standard EMA. Could probably do better with that but it works and I don't feel like changing it. Setting "Use Rounded" to true results in a plot using the values rounded to the nearest tick. There are also a few other options that you can explore on your own by changing the parameters.

The picture shows both a rounded and normal version.


Category The Elite Circle 
 
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Details: SMAv1 - Rounded Values
Category: The Elite Circle 


October 17th, 2013
Size: 5.01 KB
Comments/ratings
5 * TickMonster October 17th, 2013 05:21 PM
Sweet.
5 * theidman October 18th, 2013 12:29 AM
Thank You
5 * tcwairoa October 18th, 2013 03:05 AM
thanks Mike
5 * Richie Z October 24th, 2013 12:27 AM
Really appreciate your thinking Mike, thanks
5 * Kelsey April 12th, 2016 11:41 PM
Thanks! Very useful!

 
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