Normalized LWMA Slope

Euro Fx/British PoundFXCM

Description

⋅ Feb 16, 2022 5:37 PM

Simple combination of LWMA and ATR

Formula:
Normalized LWMA = (LWMA-LWMA[-1])/ATR

Comments

crypteisfuture

⋅ Feb 16, 2022 5:39 PM

Formula typo fix (because of tv):

Normalized LWMA = (LWMA-LWMA(1))/ATR