Power weighted moving average.
The indicator has three input parameters:
- Period - calculation period
- Power
- Applied price
Calculation:
PWMA = SUM(Applied price(i) * (i^Power), Period) / SUM(i^Power, Period)
If Power is 1, МА is identical to LWMA
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PWMA
S
Author
ScriptorPublished date
Aug 23, 2018
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