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Moving Average 3.0 (3rd Generation)

Category: Indicators By: robertogozzi Created: August 14, 2023, 2:31 PM

August 14, 2023, 2:31 PM

Indicators

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moving average

Moving Average 3.0 (3rd Generation) script.

This indicator was originally developed and described by Dr. Manfred G. Dürschner in his paper “Gleitende Durchschnitte 3.0”.

corta = 7
lunga = 21
matype = 0

// -------------
length1 = corta
length2 = lunga
mediatrezero  = matype    // https://www.prorealcode.com/documentation/average/
src     = CustomClose
//
lambda  = length1 / length2
alpha   = lambda * (length1 - 1) / (length1 - lambda)
//
ma1     = average[length1,matype](src)
ma2     = average[length2,matype](ma1)
nma     = (1 + alpha) * ma1 - alpha * ma2
//
RETURN nma AS "Moving Average 3.0"

Download

Filename: Medie-mobili-3.0-prova-1.itf

Downloads: 80

robertogozzi Legend

Roberto https://www.ots-onlinetradingsoftware.com

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