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To visualize the difference between the "Traditional" method and the "Jorgen" method when calculating MA run the following script on let's say 1min chart (higher timeframe set to 15min by default):
TF = Param(" Higher Timeframe",15,2,60,1);
Period = Param("MA Period",10,2,50,1);
Jorgen_MA = Null;
TimeFrameSet(in1Minute * TF);
BI_TF = BarIndex();
Close_TF = Close;
MA_TF = MA(Close_TF,Period);
Sum_TF = Sum(Close_TF,Period - 1);
TimeFrameRestore();
CLOSE_TF_Base = TimeFrameExpand(Close_TF,in1Minute * TF);
BI_TF_Base = TimeFrameExpand(BI_TF,in1Minute * TF);
TF_Bar = IIf(BI_TF_Base != Ref(BI_TF_Base,-1),1,0);
MA_TF_Base = TimeFrameExpand(MA_TF,in1Minute * TF);
Sum_TF_Base = TimeFrameExpand(Sum_TF,in1Minute * TF);
Jorgen_MA = (Sum_TF_Base + Close) / Period;
Plot(CLOSE_TF_Base,"TF", colorRed);
Plot(MA_TF_Base,"MA_TF", colorYellow);
Plot(Jorgen_MA,"JMA", colorBrightGreen);
Height = Param("TF Bar Height as % of Y axis",10, 2, 100, 1) ;
Plot(TF_Bar,"",colorBlue,styleOwnScale|styleHistogram,Height);
AF
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