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WMA - indicator for MetaTrader 5
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- 6639
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- Published:
- 2018.09.27 15:19
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The Wilder's Smoothing Average (WMA) indicator.
It has two input parameters:
- Period - calculation period;
- Applied price - price used for calculations.
Calculations:
WMA = (Applied price - PrevWMA) * k + PrevWMA
where:
k = 1/Period
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21684
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