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Published:

2018.09.27 15:19

WMA.mq5 (8.48 KB) view

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The Wilder's Smoothing Average (WMA) indicator.

It has two input parameters:

Period - calculation period;
Applied price - price used for calculations.

Calculations:

WMA = (Applied price - PrevWMA) * k + PrevWMA

where:

k = 1/Period

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21684

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