Moving average candlestics
- Indicators
- Martin Muriu Maina
- Version: 1.1
- Activations: 5
Moving Average Candlesticks MetaTrader indicator — is a chart visualization of a standard moving average using the candlestick bars. It draws the candlesticks based on the moving average values calculated for Close, Open, Low, and High. It allows seeing a compact snapshot of the more detailed market information compared with the classic MA indicator. It works with any currency pair, timeframe, and MA mode. The indicator is available for MT4 and MT5.
Input parameters
- MAPeriod (default = 10) — the period of the moving average used in the calculations.
- MAType (default = MODE_SMA) — the method of the moving average.