VIDYA

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © KivancOzbilgic
// ------------------------------------------------------------------------------------------------
// Original author:  KivancOzbilgic
// Original title:   Variable Index Dynamic Average VIDYA
// 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("VIDYA", overlay=true)
src = input(close, title="Source")
pds = input(9, "Length")
fixCMO = input.bool(title="Fixed CMO Length (9)?", defval=true)
select = input.bool(title="Calculation Method: CMO/StDev?", defval=true)
alpha = 2 / (pds + 1)
momm = ta.change(src)
f1(m) => m >= 0.0 ? m : 0.0
f2(m) => m >= 0.0 ? 0.0 : -m
m1 = f1(momm)
m2 = f2(momm)
sm1 = fixCMO ? math.sum(m1, 9) : math.sum(m1, pds)
sm2 = fixCMO ? math.sum(m2, 9) : math.sum(m2, pds)
percent(nom, div) => 100 * nom / div
chandeMO = nz(percent(sm1 - sm2, sm1 + sm2))
k = select ? math.abs(chandeMO) / 100 : ta.stdev(src, pds)
VIDYA = 0.0
VIDYA := nz(alpha * k * src) + (1 - alpha * k) * nz(VIDYA[1])
col12 = VIDYA > VIDYA[1]
col32 = VIDYA < VIDYA[1]
color2 = col12 ? #001AE1 : col32 ? color.maroon : color.blue
plot(VIDYA, "VAR", color2, 2)

alertcondition(ta.cross(VIDYA, VIDYA[1]), title="Color ALARM!", message="VIDYA has changed color!")

This file is under the Mozilla Public License 2.0; it is a port of the original by KivancOzbilgic, 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