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For \\(1\\leq p\\leq\\infty\\) and the integer \\(r\\geq1\\) define \\(\\mathbb{B}_p^r:=\\{f|f^{(r-1)}\\in AC_{loc}(-1,1),\\;\\text{and}\\;\\| f^{(r)}\\varphi^r\\|_p<\\infty\\}\\) and set \\(\\mathbb{B}_p^ 0:=\\mathbb{L}_p[-1,1]\\). Then, for \\(f\\in \\mathbb{B}_p^r\\), \\(k\\geq 1\\) integer and \\(t>0\\) define \\[ \\omega_{k,r}^{\\varphi}(f^{(r)},t)_p:=\\sup_{0\\leq h\\leq t}\\Big\\|\\mathcal{W}_{k,h}^r(\\cdot)\\Delta_{h\\varphi(\\cdot)}^k(f^{(r)},\\cdot)\\Big\\|_p, \\] where \\(\\mathcal{W}_{\\delta}(x):= ((1-x-\\delta\\varphi(x)/2)(1+x-\\delta\\varphi(x)/2))^{1/2}\\), \\(\\varphi(x)=(1-x^2)^{1/2}\\) and \\(\\Delta_{\\delta}^k\\) denotes the centered finite difference of order \\(k\\). An average modulus, \\(\\omega_{k,r}^{\\star\\varphi}(f^{(r)},t)_p\\) is defined too. In the case \\(p=\\infty\\), modulus \\(\\omega_{k,r}^{\\varphi}(f^{(r)},t)_p\\) was studied previously by the third author [Polynomial approximation and traces of functions continuous on a segment (Russian), Naukova Dumka, Kiev. (1992)]. The main result consists in proving the equivalence of moduli \\(\\omega_{k,r}^{\\varphi}(f^{(r)},t)_p\\) and \\(\\omega_{k,r}^{\\star\\varphi}(f^{(r)},t)_p\\) with the corresponding \\(K\\) functional \\[ K^{\\varphi}_{k,r}(f^{(r)},t^k)_p:=\\inf_{g\\in \\mathbb{B}_p^{k+r}}(\\|(f^{(r)}-g^{(r)})\\varphi^r\\|_p+t^k\\| g^{(k+r)}\\varphi^{k+r}\\|_p). \\] From this it follows also the equivalence \\(\\omega_{k,r}^{\\varphi}(f^{(r)},t)_p\\sim\\omega_{\\varphi}^{k}(f^{(r)},t)_{\\varphi^r,p}\\), where the last modulus is the modification for interval \\((-1,1)\\) instead of interval \\((0,1)\\) and for the particular choice of the weight \\(\\varphi^r\\) of a weighted modulus of smoothness given in the book of Ditzian and Totik (1987). The great advantage of the new modulus \\(\\omega_{k,r}^{\\varphi}(f^{(r)},t)_p\\), compared with \\(\\omega_{\\varphi}^{k}(f^{(r)},t)_{\\varphi^r,p}\\), is due to his simple form. Note that: \\[ \\begin{aligned} \\omega_{\\varphi}^{k}(f^{(r)},t)_{\\varphi^r,p} = & \\sup_{0