| The Formula
. . . |
. . .more
on Formulas |
Y = Modified Moving
Average
N = Number of Periods used
T = total of last N values of the security
T = y + y[1] + y[2] + y[N-1]
S = Sum of Security Weighted Values
S = ((N-1)/2*y + ((N-3)/2*y[1] + ((N-5)/2*y[2] + ... +
((N-(2*N-1))/2)*y[N-1]
Y = T/N + (6*S) / ((N+1) * N)
See Also: S&C, January 2000 Issue, p.
56.
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| The
Presentation . . . |
. . . more
on Charts |
|

Above is a One Minute Bar Chart of Real
Networks(RNWK). The Modified Moving Average is seen as a red line in
the chart. This moving average uses the preferences seen
below. |
| |
| The
Preferences . . . |
. . . more
on Preferences |
|

|
-
Price - The
price data used in calculation of the Modified Moving
Average.
-
Period - The
period used to calculate the Modified Moving Average.
-
MMA Line Color - Color
of the MMA line in the chart.
|
| |
| The
Description . . . |
| The Modified Moving Average is an
algebraic technique which makes averages more responsive to price
movements. The average includes a sloping factor to help it catch up
with the rising or falling value of the security. |