OPEN-SOURCE SCRIPT
Geometric Moving Average (GMA)
Geometric Moving Average (SMA):
What it is: GMA represents a weighted average of prices over a period of time, giving more weight to new data.
How to use: Like other types of moving averages, the EMA can help identify trends. When the closing price is above GMA, it may indicate an uptrend, and when it is lower, it may indicate a downtrend.
What it is: GMA represents a weighted average of prices over a period of time, giving more weight to new data.
How to use: Like other types of moving averages, the EMA can help identify trends. When the closing price is above GMA, it may indicate an uptrend, and when it is lower, it may indicate a downtrend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.