Posted by Mohammad Rahhal, Last modified by Abdullah Almasharfah on 10 January 2019 01:00 PM


Public Function VIDYAMovingAverage(chart_ID As Long,applyTo As ENUM_APPLIED_PRICE, period As Integer, R2Scale As Double) As String 

A Variable Moving Average is an exponential moving average that adjusts to volatility.

A Moving Average is most often used to average values for a smoother representation of the underlying price or indicator.


Key Description 
chart_ID Chart identifier, 0 is the current chart, a value of type Long
applyTo Applied price, a value of type ENUM_APPLIED_PRICE.
period The calculation period, on which the indicator will be calculated, a value of type Integer.
R2Scale The indicator scale value as a Double between 0.1 and 0.9.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


Public Sub main()

AlertMessage (VIDYAMovingAverage(0,Price_close,14,0.5)) 'Draws the indicator on the chart and shows an AlertMessage with the indicator name.

End Sub

See Also

Back to VTL Client Script Index

(0 vote(s))
Not helpful

Comments (0)
Post a new comment
Full Name:
CAPTCHA Verification 
Please enter the text you see in the image into the textbox below (we use this to prevent automated submissions).

Help Desk Software by Hybrid Solutions