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Home MetaTrader 5 Indicator Wmao MetaTrader 5 Indicator | WMAO

MetaTrader 5 Indicator | WMAO

21.7.25 0

WMAO (Wilder's Moving Average Oscillator) - an oscillator based on Welles Wilder's Moving Average.

The indicator has three input parameters:

  • Fast WMA period - fast WMA calculation period;
  • Slow WMA period - slow WMA calculation period;
  • WMA applied price - price used for the calculation of both WMAs.

Calculations:

WMAO = FastWMA - SlowWMA

where:

FastWMA = WMA(WMA applied price, Fast WMA period)  SlowWMA = WMA(WMA applied price, Slow WMA period)  WMA = Wilders Moving Average

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