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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 15557
- Rating:
- Published:
- 2012.12.10 09:35
- Updated:
- 2016.11.22 07:32
-
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The indicator is rewritten from MQL4, the author is Martingeil, link to the source https://www.mql5.com/ru/code/10303.
How it works
it is calculated as a Moving Average, this Moving Average is re-smoothed. The arrows display places of changing the direction of the Moving Average.
Parameters
- MAPeriod - The period of the Moving Average.
- MAShift - Shift of the Moving Average.
- MAMethod - The method of the Moving Average.
- MAPrice - The price of the Moving Average.
Note
Despite the name of the indicator it is not the indicator with a well known T3 smoothing.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1149