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MinMax_MA.mq5 (7.52 KB) view

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The indicator draws a moving average line calculated based in the low and high prices over the given interval of bars.

MinMaxMA[i] = (Min + Max)/2

where Min, Max are the lowest and the highest prices in the range between (i-Period + 1) and (i).

It has two parameters:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19958

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MinMax_MA - indicator for MetaTrader 5