Indicator · Pine Script v6 · On the chart

Cumulative Moving Average

by mihakralj

This indicator plots a cumulative moving average, also called a running mean, of a chosen price series on the price chart.

View on GitHub

GitHub stars99on the repository
Pine versionv6current
Lines of code33
Settings1inputs
LicenceApache-2.0
Last update4 weeks ago27 Sep 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

33 lines of Pine Script v6 from lib/statistics/cma/cma.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

cma.pine
// Licensed under the Apache License, Version 2.0
// © mihakralj
//@version=6
indicator("Cumulative Moving Average", "CMA", overlay=true)

//@function Calculates Cumulative Moving Average (Running Average / Cumulative Mean)
//@param   source Series to calculate CMA from
//@returns CMA value - running mean of all historical values
cma(series float source) =>
    // Persistent state
    var float mean = 0.0
    var int count = 0

    float val = nz(source, mean)
    count += 1

    // Welford's algorithm: M_n = M_(n-1) + alpha * (x_n - M_(n-1))
    float alpha = 1.0 / count
    float delta = val - mean
    mean := mean + alpha * delta

    mean

// ---------- Main loop ----------

// Inputs
i_source = input.source(close, "Source")

// Calculation
cma_value = cma(i_source)

// Plot
plot(cma_value, "CMA", color=color.yellow, linewidth=2)

Overview

Cumulative Moving Average updates one bar at a time with Welford's method, weighting each new value by one over the bar count so the line is the mean of all historical values from the start of the chart. The only setting selects the source series, which defaults to close. It does not generate entries, exits, or risk levels.

Details

Published by

mihakralj on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Topics

algorithmic-tradingcsharpdotnetpinescriptpythonquantitative-financesimdta-libtechnical-analysistechnical-indicators

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Sourcesourceclosei_source
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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