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Author: Matias Romeo
Here, the focus is on the middle part of the price series. In fact, they are double-smoothed simple moving averages. The simple Moving Averages' length depends on evenness or oddness of the chosen number of periods.
Here, the focus is on the middle part of the price series. In fact, they are double-smoothed simple moving averages. The simple Moving Averages' length depends on evenness or oddness of the chosen number of periods.
Operations for TMA calculation:
- 1. To the number of periods of Moving Average 1 is added.
- 2. The received sum is divided to 2.
- 3. If the result was released fraction, it is rounded up to a whole.
- 4. The simple Moving Average of close prices with the number of
- periods obtained in point 3 is calculated.
- 5. By using the value obtained in point 3 again, the simple
- Moving Average of the Moving Average calculated in point 4 is calculated.
Traduit du russe par MetaQuotes Ltd.
Code original : https://www.mql5.com/ru/code/7433
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