Hi Guys,

Can you please tell me how can i calculate the moving average of a moving average which is already on the chart....

Thanks
Babar

Here is what I got from the metatrader guide .


Simple Moving Average (SMA)
Simple, in other words, arithmetical moving average is calculated by summing up the prices of instrument closure over a certain number of single periods (for instance, 12 hours). This value is then divided by the number of such periods.

SMA = SUM(CLOSE, N)/N

Where:
N — is the number of calculation periods.

Exponential Moving Average (EMA)
Exponentially smoothed moving average is calculated by adding the moving average of a certain share of the current closing price to the previous value. With exponentially smoothed moving averages, the latest prices are of more value. P-percent exponential moving average will look like:

EMA = (CLOSE(i)*P)+(EMA(i-1)*(100-P))

Where:
CLOSE(i) — the price of the current period closure;
EMA(i-1) — Exponentially Moving Average of the previous period closure;
P — the percentage of using the price value.

Smoothed Moving Average (SMMA)
The first value of this smoothed moving average is calculated as the simple moving average (SMA):

SUM1 = SUM(CLOSE, N)
SMMA1 = SUM1/N

The second and succeeding moving averages are calculated according to this formula:

SMMA(i) = (SUM1-SMMA1+CLOSE(i))/N

Where:
SUM1 — is the total sum of closing prices for N periods;
SMMA1 — is the smoothed moving average of the first bar;
SMMA(i) — is the smoothed moving average of the current bar (except for the first one);
CLOSE(i) — is the current closing price;
N — is the smoothing period.

Linear Weighted Moving Average (LWMA)
In the case of weighted moving average, the latest data is of more value than more early data. Weighted moving average is calculated by multiplying each one of the closing prices within the considered series, by a certain weight coefficient.

LWMA = SUM(Close(i)*i, N)/SUM(i, N)

Where:
SUM(i, N) — is the total sum of weight coeffi


Hope this help .

Hi,
Try to search DEMA for example.

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Hi all,
I have been searching for an indicator that will display two lines. As an example - (1) a 25 period moving average and then a 3 period moving average of that 25 period moving average.

Ideally, I would have 3 of these pairs displayed with different periods for each of the pairs.

Can anyone help me find what I am looking for?

If you're asking what I think you are, you can do that w/ standard MT4 moving average indicator.

Put your first indicator, in this instance the 25 period MA, on the chart. Then drag and drop a second MA indicator on top of the 25 period MA and if you do it correctly, in the drop down box labeled "Apply To", there will appear an option to select @ the very bottom "First Indicator's Data". Should do the trick.

If this isn't what you meant or if you already knew about this, excuse me.

Peace

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