Description
Power Weighted Moving Average. This indicator is a hybrid of moving average series.
using System;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
namespace cAlgo
{
[Indicator(IsOverlay = true, AccessRights = AccessRights.None)]
public class mPowerWeightedMovingAverage : Indicator
{
[Parameter("Period (14)", DefaultValue = 14)]
public int inpPeriod { get; set; }
[Parameter("Power (2.0)", DefaultValue = 2.0)]
public double inpPower { get; set; }
[Output("Power Weighted Moving Average", LineColor = "Orange", PlotType = PlotType.Line, Thickness = 2)]
public IndicatorDataSeries outPWMA { get; set; }
double pw, summ, sumpw;
protected override void Initialize()
{
//
}
public override void Calculate(int i)
{
summ = 0;
sumpw = 0;
for(int j=0; j<inpPeriod; j++)
{
pw = Math.Pow(inpPeriod-j,inpPower);
summ += pw * (i>inpPeriod+1 ? Bars.ClosePrices[i-j] : Bars.ClosePrices[i]);
sumpw += pw;
}
outPWMA[i]=(sumpw!=0 ? summ/sumpw : double.NaN);
}
}
}
mfejza
Joined on 25.01.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: mPowerWeightedMovingAverage.algo
- Rating: 5
- Installs: 682
- Modified: 16/03/2023 12:47
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