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Views:: 10344
Rating:: (28)
Published:: 2012.12.12 10:03
Updated:: 2013.02.04 14:13

nonlagma_v1.mq5 (8.54 KB) view

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Weighted Moving Average with a minimal lag using a damping cosine wave as the line of weight coefficients.

The indicator has two filters. They are static (in points) and dynamic (expressed as a decimal). They allow cutting the price noise giving a stepped shape to the Moving Average. Moreover, there is the possibility to highlight the trend direction by color.

Also a built-in algorithm of drawing the indicator for the high timeframes is used.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1169

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