X MA Sum Average is an average of moving averages. In other words, it provides the average value of multiple moving averages with the period within the range from X to N
It has four inputs:
- Initial period – ΠΠ range initial period
- End period – ΠΠ range end period
- Method – ΠΠ calculation method
- Applied price – ΠΠ calculation price
Calculation:
XMA = (MA[Initial period] + MA[Initial period+1] + .... + MA[End period] ) / (End period-Initial period+1)
Fig. 1. X MA Sum Average with the default range of periods: 20 – 100
Fig. 2. X MA Sum Average with the range of periods: 1- 50