Page 1 of 1

Modified Moving Average

PostPosted: Fri Dec 07, 2018 2:50 pm
by Alexander.Gettinger
This indicator has been described in Stocks&Commodities, January 2000.

Formula:
MMM = MA+6*Slope/K, where
MA - MVA(Price) with [Length] number of periods,
Slope(i) = Sum(Price[i-j+1]*(Length-Factor)/2), Factor = 1+2*(j-1) for j=1..Length,
K = Length*(Length+1).

Modified Moving Average.PNG


Download:
Modified Moving Average_JS.jsl
(1.7 KiB) Downloaded 461 times