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Average Modified Method by
Perry Kaufman
MetaStock Formula
From The New Commodity Trading Systems and Methods, by
Perry J. Kaufman. Chapter 4 - Moving Averages, pg. 60.
- This formula is for version 6.5 of MetaStock for Windows 95 &
NT and higher and cannot be written in previous versions.
- This is a modified simple moving average.
- The formula will prompt you for input for the number of time
periods to use in the moving average.
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Day:=Cum(1)+1;
Z:=Input("Periods",2,1000,5);
MV:=(1/Z);
If(Day<(Z+2),C,If(day=(Z+2),Mov(C,LastValue(Z),S),PREV+(MV*(C-PREV)))) |
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