OPEN-SOURCE SCRIPT
Updated Automatic Moving Average

Automatic moving average removes the need to set the moving average length manually. The indicator progressively finds a suitable length that minimizes the number of candle body touches and maximizes the number of wick touches.
Release Notes
Adjust chart demo.Change default smoothing to 3.
Release Notes
Clean up chart.Update tooltip.
Release Notes
Improve responsiveness of the curve.Release Notes
Small changes.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.