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You liked the script? Try it in the MetaTrader 5 terminal
Harmonic Moving Average - indicator for MetaTrader 5
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- Published:
- 2024.04.03 20:03
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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.
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Logarithmic Moving Average
Logarithmic Moving Average continuously calculates the logarithmic mean of highest price and lowest price within a period.
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