Average Modified Moving Average – indicator for MetaTrader 5

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category:MT5 INDICATORS

Average Modified Moving Average.

It has two input parameters:

  • Period - calculation period;
  • Applied price - price used for calculations.

Calculations:

AMMA[i] = (AMMA[i-1]*(Period-2) + Price[i] + Price[i-1])/Period

Average Modified Moving Average - indicator for MetaTrader 5

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