Fig 1. Double smoothing enabled

VAMA – indicator MetaTrader 5

by

VAMA (Velocity and Acceleration Moving Average).

There are three adjustable parameters:

  • Period – calculation period;
  • Applied price – the calculation price;
  • Double smoothing – enable or disable double smoothing (Yes/No).

Calculation:

VAMA = EMA + D1 + D2 / 2 + D3/6

where:

D1[i] = EMA[i] - EMA[i-Period/4]
D2[i] = EMA[i] - 2 * EMA[i-Period/4] + EMA[i-Period/8]
D3[i] = EMA[i] - 3 * EMA[i-Period/4] + 3*EMA[i-Period/8] - EMA[i-Period/12]

Fig 1. Double smoothing enabled

Fig 1. Double smoothing enabled

Fig. 2. Double smoothing disabled

Fig. 2. Double smoothing disabled


VAMA – indicator MetaTrader 5
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