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Published:

2024.04.03 20:03

Harmonic Moving Average.mq5 (5.47 KB) view

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Quoted from Investopedia

What Is the Harmonic Mean?

The harmonic mean is a numerical average calculated by dividing the number of observations, or entries in the series, by the reciprocal of each number in the series. Thus, the harmonic mean is the reciprocal of the arithmetic mean of the reciprocals.

Second Bars

The indicator draws an arbitrary second time frame on the chart.

iForexSessions

Highlights the Forex Market Sessions (Sydney, Tokyo, London, New York).

Logarithmic Moving Average

Logarithmic Moving Average continuously calculates the logarithmic mean of highest price and lowest price within a period.

Simple Code for Detect A "New Bar or New Candle " Received

This code block detects a New Bar or a New Candle when it has received.

Harmonic Moving Average - indicator for MetaTrader 5