SMA's Average

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © alexgrover
// ------------------------------------------------------------------------------------------------
// Original author:  alexgrover
// Original title:   SMA's Average
// Licence:          MPL-2.0 (the header above is the original notice, kept verbatim)
// Pine version:     4
// Fetched:          2026-10-12
// Ported to FloScript by FloSignals; modifications under MPL-2.0.
// Converter:        @flosignals/floscript 0.1.0, strict mode, score 100/100
// ------------------------------------------------------------------------------------------------
//@floscript=1
//@version=5
// Converted by the FloScript converter from a Pine-compatible v4 source.

indicator("SMA's Average", "SMA-AVG", true)
min = input(14, "Minimum Period")
max = input(28, "Maximum Period")
src = input(close)
type = input.string("Simple", "Type Of Weighting", options=["Simple", "Linear", "Least Squares"])
//------------------------------------------------------------------------------
csum = ta.cum(src)
A = 0.
B = 0.
sumw = 0.
for i = min to max
    w = max - i
    ma = (csum - csum[i]) / i
    sumw := sumw + w
    A := A + ma * w
    B := B + ma
//------------------------------------------------------------------------------
a = A / sumw
b = B / (max - min + 1)
out = type == "Simple" ? b : type == "Linear" ? a : 3 * a - 2 * b
//------------------------------------------------------------------------------
plot(out, "Plot", #ff1100, 2)

This file is under the Mozilla Public License 2.0; it is a port of the original by alexgrover, with the original licence header kept and the changes made for FloScript noted in the file.

• v22026-10-14

  Library refresh 2026-10-14

• v12026-10-12

  Library refresh 2026-10-12