vidya

vidya(close, length=None, drift=None, offset=None, **kwargs)

Variable Index Dynamic Average (VIDYA)

Variable Index Dynamic Average (VIDYA) was developed by Tushar Chande. It is similar to an Exponential Moving Average but it has a dynamically adjusted lookback period dependent on relative price volatility as measured by Chande Momentum Oscillator (CMO). When volatility is high, VIDYA reacts faster to price changes. It is often used as moving average or trend identifier.

Sources:

https://www.tradingview.com/script/hdrf0fXV-Variable-Index-Dynamic-Average-VIDYA/ https://www.perfecttrendsystem.com/blog_mt4_2/en/vidya-indicator-for-mt4

Calculation:

Default Inputs:

length=10, adjust=False, sma=True

if sma:

sma_nth = close[0:length].sum() / length close[:length - 1] = np.NaN close.iloc[length - 1] = sma_nth

EMA = close.ewm(span=length, adjust=adjust).mean()

Args:

close (pd.Series): Series of ‘close’s length (int): It’s period. Default: 14 offset (int): How many periods to offset the result. Default: 0

Kwargs:

adjust (bool, optional): Use adjust option for EMA calculation. Default: False sma (bool, optional): If True, uses SMA for initial value for EMA calculation. Default: True talib (bool): If True, uses TA-Libs implementation for CMO. Otherwise uses EMA version. Default: True fillna (value, optional): pd.DataFrame.fillna(value) fill_method (value, optional): Type of fill method

Returns:

pd.Series: New feature generated.