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2018.08.23 12:44
PWMA.mq5 (7.79 KB) view

Power weighted moving average.

The indicator has three input parameters:

  • Period - calculation period
  • Power
  • Applied price


PWMA = SUM(Applied price(i) * (i^Power), Period) / SUM(i^Power, Period)

If Power is 1, МА is identical to LWMA

Translated from Russian by MetaQuotes Ltd.
Original code:

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