Modified Moving Average (MMA)
MMA (the Modified Moving Average) is an algebraic tool, which makes averages more amenable to price shifts. This average comprises a sloping factor to help it overtake with the growing or declining value of the trading price of the currency.
Altered shifting averages resemble simple moving averages. The first point of the modified moving average is calculated precisely as the first point of the simple moving average is calculated. However, all following points are measured by adding the new price and afterwards subtracting from the resulting sum the last average. MMA is the difference, the new point on the scheme.