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AngleMA MT4

Implements a channel based on integrated comparison of moving average values ​​with improved functionality. As a result, the chart displays a channel of deltas of moving averages in the center line and an indentation of the channel boundaries over a specified range.

What is the channel? This is the price range (limited), in which all its dynamics (movement) takes place over a certain period of time. This method is very old, the Forex channel strategy dates back to a long time, when the theory was put forward that the price is constantly moving in a certain range. Accordingly, this range is called the "Forex channel". The difference between this channel is that mathematical integration is used to form trend lines. As well as improved functionality for plotting moving averages.

This indicator is suitable for those who are interested in the classic calculation method but with improved functionality. There is a version for both MT4 and MT5.

Moving averages are commonly used in time series data to smooth out short-term fluctuations and highlight major trends or cycles. Moving average is a type of convolution mathematically. This implementation differs in that it presents a whole set of different types of convolution, which is reflected in the settings by an extended set of methods.
  •    METHOD_SMA
  •    METHOD_EMA
  •    METHOD_SMMA
  •    METHOD_LWMA
  •    METHOD_WILDER_EMA
  •    METHOD_SINE_WMA
  •    METHOD_TRI_MA
  •    METHOD_LSMA
  •    METHOD_HMA
  •    METHOD_ZL_EMA
  •    METHOD_ITREND_MA
  •    METHOD_MOVING_MEDIAN
  •    METHOD_GEO_MEAN
  •    METHOD_REMA
  •    METHOD_ILRS
  •    METHOD_IE_2
  •    METHOD_TRI_MA_GEN
  •    METHOD_VWMA
Also, this indicator implements the calculations of averages relative to an extended set of price calculations. What's in the settings is represented by the following list.
  •    TYPE_PRICE_CLOSE
  •    TYPE_PRICE_OPEN
  •    TYPE_PRICE_HIGH
  •    TYPE_PRICE_LOW
  •    TYPE_PRICE_MEDIAN
  •    TYPE_PRICE_TYPICAL
  •    TYPE_PRICE_WEIGHTED
  •    TYPE_PRICE_MEDIAN_OC
  •    TYPE_PRICE_TYPICAL_O
  •    TYPE_PRICE_WEIGHTED_O
  •    TYPE_PRICE_WEIGHTED_OC
  •    TYPE_PRICE_H_O
  •    TYPE_PRICE_H_C
  •    TYPE_PRICE_L_O
  •    TYPE_PRICE_L_C
  •    TYPE_PRICE_H_MIN
  •    TYPE_PRICE_H_MAX
  •    TYPE_PRICE_L_MIN
  •    TYPE_PRICE_L_MAX
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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