The Modified Moving Average indicator. It was described in "Stocks & Commodities" in January, 2000.
The indicator has small lagging.

It has two input parameters:

  • Period - calculation period
  • Applied price

Calculation:

MMM = MA + 6 * Slope / K

where: 

MA - SMA(Applied price, Period)
Slope = Sum (Applied price * (Period-Factor)/2) in the range of 'Period'
Factor = 1 + 2*(N-1)
N = values from 1 to Period in the range of 'Period'
K = Period*(Period+1)