AFR Weighted Momentum MT5

Calculates a weighted average of several Momentum periods to produce a smoother momentum signal centered around zero.
Positive values indicate bullish momentum, while negative values indicate bearish momentum, ranging in percents compared to a weighted averaged back value, effectivley avoiding the market noise.
The calculation will weight 7 values before plotting a position.
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AFR Weighted Momentum
Alexandru-marius Nistor
Indicatori
Calculates a weighted average of several Momentum periods to produce a smoother momentum signal centered around zero. Positive values indicate bullish momentum, while negative values indicate bearish momentum, ranging in percents compared to a weighted averaged back value, effectivley avoiding the market noise. The calculation will weight 7 values before plotting a position.
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