Original price was: 150,00 $.15,00 $Current price is: 15,00 $.
The Time-Weighted Moving Average (TWMA) is an advanced technical indicator tailored for traders who discern patterns not just based upon price action but also time of day. Differing from the traditional moving average, the TWMA assigns varying weights to price points depending on the time they occur, thereby enhancing the influence of data points within specific, strategic periods deemed more significant by the trader.
TWMA = (Σ(Pt * Wt) / ΣWt)
Where:
Pt is the price at time t.
Wt – weight assigned to time t.
N – number of periods used in the calculation.
The weight Wt can be defined, for example, as a function of the time of day.
Say we want to assign a higher weight to prices that occurred between 09:00 and 11:00 hours
Please note: the product will be available for download only once the lot of 10 participants is fully completed or time end. Each participant also has the option to cover any remaining portion of the lot to help close it faster.
Group Buy deal ends: February 28, 2025 12:00 am
Timezone: UTC+0
Minimum: 1 Maximum: 10 Deals sold: 0
Installation instructions
The file you purchased (MainArchive.zip) consists of:
1) Manual to ( indicators, etc)
2) ImportFile.zip (indicators, etc).
In the NinjaTrader 8 trading terminal, using standard functions, we import the purchased archive TWMA.zip through the tools to import the addon. Next, in the chart window, click on the indicator icon, select our indicator from the list, set the parameters and click ok.
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