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You liked the script? Try it in the MetaTrader 5 terminal

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Published:

2015.01.23 10:32

Updated:

2016.11.22 07:32

nonlagma_v5.mq5 (9.18 KB) view

nonlagma_v5_htf.mq5 (10.55 KB) view

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The NonLagMA_v5 indicator with the timeframe selection option available in input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

To provide correct operation of the indicator, place the compiled NonLagMA_v5.mq5 indicator file in terminal_data_folder\MQL5\Indicators.

Fig.1. NonLagMA_v5_HTF Indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7027

NonLagMA_v5

This is a moving where effect of retardation is lessened by means of damped cosinusoid defining coefficients' ratios in equation of the linearly weighted average (LWMA).

Simple dollar index indicator

Special aspects: "holidays problem" is solved (problems arising due to absence of ticks).

NRMA

Well-known indicator of Constantine Kopyrkin which generated a great number of NRTR indicator implementation. NRMA moving average (line) and trailing stops NRTR (circular-shaped dots) are implemented in this variant.

NRMA_HTF

The NRMA indicator with the timeframe selection option available in input parameters.

NonLagMA_v5_HTF - indicator for MetaTrader 5