ATR-Stepped PDF MA [Loxx] — Indicator by loxx

averagetruerange pdf atr probabilitydensityfunction stepped pdfma

ATR-Stepped PDF MA is and ATR-stepped moving average that uses a probability density function moving average.

What is Probability Density Function?
Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights.

Included:
-Toggle on/off bar coloring
-Toggle on/off signals
-Alerts long/short

Release Notes:

Fixed plot name

Release Notes:

Added MTF

Public Telegram Group, t.me/algxtrading_public

VIP Membership Info: www.patreon.com/algxtrading/membership

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?