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- Publié:
- 2024.07.12 14:42
- Mise à jour:
- 2024.10.17 15:55
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MA modified DPO facilitate controlling all parameters of MA (MA period , MA mode , MA applied price) to change required MA curve to horizontal line and can easily used as support or resistance level
Calculation:
DPO = close - MA (mode, price, DPO_period)
Where :
- DPO - DPO indicator value
- close - close price of bar;
- mode - applied method to calculate MA (SMA, EMA, SMMA, LWMA)
- price - applied price to calculate MA
- DPO_period - period applied to calculate MA.
MT4 version available at https://www.mql5.com/en/code/50863
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