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Double Weighted Moving Average ... Missing?

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5
3827 2011.05.24 15:52
 

Hi All:

We have DEMA, TEMA, AMA and etc on MQL4 Code Base but not the Double Weighted Moving Average which I think is very useful as well.

Can someone shed some light on coding this Double Weighted Moving Average?

In addition to that, I not so sure about the calculation phase but is the Linear Weighted Moving Average on MetaTrader is the same as the common Weight Moving Average that we can found on other platforms such as Ninja and TradeStation? Can someone confirm on this?

Millions thanks in advance!

Regards,
James

 
AUDUSD struggles to push higher

AUDUSD struggles to push higher

Minor support level found on this pair at 0.93273. Notice the strong buying at this point reaching as high as 0.93520. Now it is on its slow decent back down to its original level.  More and more buyers are closing out their trades, but it appears that's all. Since there is no sharp drop in price, it appears there are no new sellers.

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5
3827 2011.05.25 08:27 #
 

Can anyone help?

TIA!

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1778
SDC 2011.05.25 11:51 #
 
3827:

Hi All:

We have DEMA, TEMA, AMA and etc on MQL4 Code Base but not the Double Weighted Moving Average which I think is very useful as well.

Can someone shed some light on coding this Double Weighted Moving Average?

In addition to that, I not so sure about the calculation phase but is the Linear Weighted Moving Average on MetaTrader is the same as the common Weight Moving Average that we can found on other platforms such as Ninja and TradeStation? Can someone confirm on this?

Millions thanks in advance!

Regards,
James


I never heard about a double weighted moving average what is the formula for calculating a double weighted moving average ? Are you sure you are not talking about a double exponential moving average ? Also known as DEMA.
 
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5
3827 2011.05.25 13:16 #
 

No, it is different than the DEMA.

It is the standard weighted moving average 'weighted' one more time. Pretty common in my trading circle.

TIA!

 
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1778
SDC 2011.05.25 18:38 #
 

so is it an average of an average ?

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5
3827 2011.05.25 19:53 #
 

Yes, just like DEMA. You average the EMA one more time. Double it. For TEMA, you average the DEMA one more time and make it 3 times in average.

For Double Weighted Moving Average, take the standard Weighted Moving Average and average it one more time with the same period/length.

Can you pls help?

Many TIA!

 
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9551
WHRoeder 2011.05.25 21:36 #
 
lwmaBuf[]
dwmaBuf[]
...
double LWMA(double array[], int per, int bar)
{
   double Sum = 0;
   double Weight = 0;
   
   for(int i = 0;i < per;i++)
      { 
      Weight+= (per - i);
      Sum += array[bar+i]*(per - i);
      }
   if(Weight>0) double lwma = Sum/Weight;
   else lwma = 0; 
   return(lwma);
} 
start(){...
  for(...){
     lwmaBuf[shift] = LWMA(Close, MAperiod, shift);
     dwmaBuf[shift] = LWMA(lwmaBuf, MAperiod, shift);
  }

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5
3827 2011.05.26 07:24 #
 

WHRoeder, pls pardon that my programming skill is poor. Can you post a full version of the code? Pls. Many thanks to you!

 
avatar
9551
WHRoeder 2011.05.26 18:25 #
 
Take ANY indicator and modify. No slaves here, learn to code or pay someone.
 
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