EVWMA

EVWMA – indicator MetaTrader 5

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Fig.1 The EVWMA indicator
The real author: Aborigen EVWMA is the indicator that represents an elastic, volume weighed Moving Average. This is another interpretation on the theme of a good old Moving Average, so the main task is to get the best Moving Average and remove its drawbacks. What is the difference of the EVWMA indicator from the standard … Read more

EVWMA – indicator MetaTrader 4

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EVWMA - indicator for MetaTrader 4
Author: AborigenElastic Volume Weighted Moving Average (EVWMA), a natural replacement for the standard moving average. Differences of the EVWMA from the standard МА: 1. The EVWMA does not have an averaging period, instead it uses the volume to determine the period of the average component. 2. The EVWMA considers the information on volume (or time) … Read more