fxcodebase-backup
Modified Wilders smooting average indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59623
Forum: 38 · Topic 59623 · 1 post(s)
Modified Wilders smooting average indicator
Alexander.Gettinger · Tue Oct 08, 2013 12:01 pm
The indicator is very similar to the WMA (viewtopic.php?f=38&t=59621).
Formulas for WMA: WMA[i] = (Price[i] - WMA[i-1])*k + WMA[i-1], where k = 1/Length.
Formulas for Mod. WMA: ModWMA[i] = (MVA(i) - ModWMA[i-1])*k + ModWMA[i-1], where k = 1/Length.
Download: