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Views:: 3891
Rating:: (13)
Published:: 2018.06.06 12:36

SHL_MA_Band.mq5 (18.56 KB) view

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The indicator is a variation of Bollinger Bands and Envelopes, based on two smoothed moving averages calculated by the Linear Regression method (LSMA Linear regression MA).

This is a version of the HL_MA_Band indicator with an additional smoothing.

It has two parameters:

Period - LSMA calculation period;
Method - LSMA smoothing method.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20263

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SHL_MA_Band - indicator for MetaTrader 5