PWMA – indicator MetaTrader 5

PWMA - indicator for MetaTrader 5
Power weighted moving average. The indicator has three input parameters: Period – calculation period Power Applied price Calculation: PWMA = SUM(Applied price(i) * (i^Power), Period) / SUM(i^Power, Period) If Power is 1, МА is identical to LWMA PWMA – indicator MetaTrader 5