ImpMA

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The standard Moving Average indicator. It is calculated based on only 7 price constants. This modification allows you to find a moving average based on any combination of 4 main prices: Close, Open, High and Low.

• TimeFrame-select the timeframe for displaying the indicator;
• Period – the averaging period for calculating the moving average;
• Shift – shift of the indicator relative to the price chart;
• Moving average mode-the method of averaging: simple (Simple, SMA), exponential (Exponential, EMA), Smoothed (Smoothed, SMMA), Linear Weighted (Linear Weighted, LWMA), Double exponential (Double Exponential, DEMA) or triple exponential average (Triple Exponential, TEMA);
• Close – the weight factor of the CLOSE price for calculating the individual price;
• Open-the OPEN price weighting factor for calculating the individual price;
• High – the HIGH price weighting factor for calculating the individual price;
• Low – the LOW price weighting factor for calculating the individual price.

Example 1. Calculate the indicator based on the OPEN price: Close=0, Open=1, High=0, Low=0.

Example 2. Calculate the indicator based on the WEIGHTED price: Close=2, Open=0, High=1, Low=1.

Example 3. Calculate the indicator based on an individual price constant: Close=6, Open=7, High=1, Low=3. Price=(6*Close 7*Open 1*High 3*Low)/17.