- June 1, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | paladin80 (2013.05.31 13:11) | ||
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Description:Moving average, as well as any other indicator, may be calculated on the basis of 7 price constants only. The proposed modification of moving average will allow to calculate the indicator on the basis of any combination of 4 basic prices (close, open, high, low). Input parameters:
Examples:
So, the trader may draw moving average by any combination of 4 basic prices. In case if coefficient will be balow or equel zero, the appropriate price will not be used for calculation of individual price constant. Image:Indicator Imp_MA |