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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 3578
- Rating:
- Published:
- 2018.03.01 11:51
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The indicator draws a moving average calculated by the Square Weighted (SqWMA) method
It has two parameters:
- Period - calculation period;
- Applied price - price used for calculations.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19893

RWI (Random Walk Index)

Median MA is a moving average, which is calculated using the median price for a given period.