LUA Original:
viewtopic.php?f=17&t=6305Description:
This is the LUA to MT4 version of the PWMA (Power Weighted MA), which uses the following formula:
PWMA = SUM(Price(i)*(i^Power), Period)/SUM(i^Power, Period)
This version includes the MTF scenario, so the trader can follow 3 higher TF PWMA's and also the Up and Down colors for each MA.