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Views:: 4193
Rating:: (7)
Published:: 2018.10.25 18:11

AhrensMA.mq5 (6.22 KB) view

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Ahrens Moving Average is an indicator developed by Richard D. Ahrens.
The indicator was described in the article “Build A Better Moving Average” in the magazine "Technical Analysis of Stocks and Commodities" (October 2013).

It has one configurable parameter:

Period - calculation period

Calculation:

AHRMA = PrevAHRMA + ((MedianPrice-MedianMA)/Period)

where:

MedianMA = (PrevAHRMA + AHRMA[Period]) / 2.0
MedianPrice = (High + Low) / 2.0

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22369

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AhrensMA - indicator for MetaTrader 5