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Views:: 4533
Rating:: (9)
Published:: 2018.12.18 19:15

SineWMA.mq5 (7.86 KB) view

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Sine Weighted Moving Average indicator is a sine-weighted moving average.

It has two configurable parameters:

Period - calculation period
Applied price

Calculation:

SineWMA = 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/22509

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SineWMA - indicator for MetaTrader 5