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Views:: 3139
Rating:: (9)
Published:: 2018.06.06 13:27

SWMA.mq5 (7.86 KB) view

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A sine-weighted Moving Average

It has two parameters:

Period - calculation period
Applied price - price used for calculation

Calculation:

SineWMA[i]=Sum/Weight, where
Sum=Price[i-N+1]*sin(PI*(N)/(N+1))+Price[i-N+2]*sin(PI*(N-1)/(N+1))+…+Price[i]*sin(PI*1/(N+1))
Weight= sin(PI*(N)/(N+1))+ sin(PI*(N-1)/(N+1))+…+ sin(PI*1/(N+1)).

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20339

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SWMA - indicator for MetaTrader 5