Fluid Indicator

Flexible Period Moving Average

The Fluid indicator is only used for intraday charts. The idea is to have a moving average with a length that corresponds to the number of bars elapsed since the start of the day. On the first bar of the day it is a one-period moving average, on the second bar it’s a two-period moving average, and so on.

We featured this indicator in one of the programming examples in June 2016. 

Download the PAC file ‌‍‍‍‍

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