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The WI indicator shows a moving average calculated by the following formula:
It has two parameters:
Translated from Russian by MetaQuotes Software Corp. Original code: https://www.mql5.com/ru/code/19895
VMA is a volatility based dynamic MA.
Square Weighted Moving Average.
Zero Lag is a modified EMA.
ZeroLagMACD is an MACD version, which has a much smaller lag compared to the classic MACD.