The Moving Average with step indicator.
It has two input parameters:
- Period – calculation period
- Step – step size
The calculation is similar to a Simple Moving Average. However, some prices are excluded from the calculations in accordance with the step size.
If parameters are set to Period = 4 and Step = 2, the calculation will be as follows:
StepMA = (Close[i] + Close[i+2] + Close[i+4] + Close[i+6]) / 4.0
If Step = 1, the indicator is identical to a simple moving average.
Moving Average with step. Period = 4, Step = 2
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