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Indicators

Classic Moving Averages with colors - indicator for MetaTrader 5

Mike Pascal Plavonil
Views:
18090
Rating:
(30)
Published:
2020.12.19 17:24
ma_colored.mq5 (11.53 KB) view
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The five classic moving averages are present:

  • Simple moving average
  • Exponential moving average
  • Smoothed moving average
  • Linear weighted moving average
  • Smoothed moving average

The indicator displays a colored moving average.

It has three parameters:

  • Period calculation period
  • Method calculation method
  • Price applied prise used for calculation

This version is faster and code is more flexible and reusable


Moving Averages colored


Technical Indicator Description

Full description of MA is available in the Technical analysis: Moving Averages



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