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Views:: 3001
Rating:: (9)
Published:: 2018.10.25 17:56

Avg_MA.mq5 (42.78 KB) view

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Average from MA indicator calculates the average value from the specified number of moving averages, whose periods are calculated as an increment to the base МА period

It has six input parameters:

First MA period - МА calculation base period
Method - МА calculation method
Applied price - МА calculation price
Count - number of calculated МАs
Coefficient of increment - increment ratio of calculated MA periods
Incremental method - increment method

Addition
Multiplication

Example of calculation with values:

First MA period = 5
Coefficient of increment = 2
Count = 5

If Incremental method = Addition:
AvgMA=(MA(5)+MA(7)+MA(9)+MA(11)+MA(13))/5

If Incremental method=Multiplication:
AvgMA=(MA(5)+MA(10)+MA(20)+MA(40)+MA(80))/5

where:

MA - MovingAverage(Applied price,Method) with calculated period

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22420

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