If you’re looking to level up your trading game, the ATR Weighted Moving Averages indicator is a powerful tool you shouldn’t overlook. This handy indicator calculates four different types of ATR weighted moving averages that can help you analyze price movements more effectively.
The calculations for this indicator are built on the pine script library known as "TAExt by TheBacktestGuy," which ensures you’re getting reliable and accurate data.
The four types of ATR weighted moving averages included in this indicator are:
- ATRWSMA - ATR Weighted Simple Moving Average
- ATRWEMA - ATR Weighted Exponential Moving Average
- ATRWRMA - ATR Weighted Running Moving Average
- ATRWWMA - ATR Weighted Welles Wilder Moving Average
Using these ATR weighted moving averages can give you a clearer picture of market trends, helping you make more informed trading decisions. Whether you’re a seasoned trader or just getting started, integrating these averages into your strategy can enhance your overall performance.
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