Moving Average Based on Demark’s Approaches
Moving Average Based on Demark’s Approaches
The drawing of the moving average is performed on the basis of Demark’s method “Daily Range Projections”.
Indicator on a zero bar points at the future price change.
Input Parameters:
period – the period of averaging,
ma_method – the method of averaging:
0 – Simple moving average
1 – Exponential moving average
2 – Smoothed moving average
3 – Linearly-weighted moving average