t_ma

Category: trend

Calculates a Linear Weighted Moving Average (LWMA) of open prices and a secondary smoothed average of the LWMA itself. Note: This implementation only calculates the most recent 11 bars.

Formula

\begin{cases} Buffer_1 = LWMA(Open, Period) \\ Buffer_2 = \frac{1}{6} \sum_{n=0}^{5} LWMA(Open, Period)_{i+n} \end{cases}

Inputs

• MA_Period (default: 34)

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