Name: PWMA – indicator MetaTrader 5
Brand: RobotFX
SKU: 8333
Price: 4.89 USD
Availability: InStock
Rating: 4.3 (76 reviews)

Power weighted moving average.

The indicator has three input parameters:

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 – indicator MetaTrader 5