This indicator is very similar to MVA, but it does not use all the values for the calculation.
Formula:
MVA_S[i]=(Price[i]+Price[i-Step]+Price[i-2*Step]+...+Price[i-(Period-1)*Step])/Period.
For example, if Period=4 and Step=2:
MVA_S[i]=(Price[i]+Price[i-2]+Price[i-4]+Price[i-6])/4.
Download:
The indicator was revised and updated