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Recruitment of participants Sine WMA Pro NT8

Discussion in 'NinjaTrader' started by Dron, 16 January 2024.

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  1. Dron

    Dron Well-Known Member
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    #1 Dron, 16 January 2024
    Sine WMA Pro NT8

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    Sine WMA, which stands for Sine Weighted Moving Average, is a technical trend indicator for NinjaTrader 8 that helps traders in determining a market's direction so that they can adjust their trading strategy accordingly. It is a new member in ninZa.co’s moving average family.

    Sine Weighted Moving Average employs a special use of the sine function to factor both time and price movements into its calculation. With inputs for the sine function ranging from 0 to Pi, Sine Weighted Moving Average distributes weights to the bars of a period in a BELL shape, and therefore the indicator puts the largest weighting to the data in the middle and less weighting on the newest and oldest data points. This weight distribution is very similar to Triangular Moving Average (TMA).

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