EMV

// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org/MPL/2.0/
//version=5
indicator("EMV", overlay=false)

N = input.int(14, "N")
M = input.int(9, "M")

// ==== VOLUME ====
maVol = ta.sma(volume, N)
VOLUME = maVol / volume

// ==== MID ====
hl = high + low
MID = 100 * (hl - hl[1]) / hl

// ==== HL_RANGE ====
HL_RANGE = ta.sma(high - low, N)

// ==== EMV ====
EMV_raw = MID * VOLUME * (high - low) / HL_RANGE
EMV = ta.sma(EMV_raw, N)

// ==== MAEMV ====
MAEMV = ta.sma(EMV, M)


plot(EMV, color=color.blue, title="EMV")
plot(MAEMV, color=color.orange, title="MAEMV")