Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.02.08 12:05
Indicators

TEMA_Custom - indicator for MetaTrader 4

| English Español Português Русский Deutsch 日本語

Views:
4702
Rating:
votes: 15

The Triple Exponential Moving Average (TEMA) technical indicator was developed by Patrick Malloy He published it in the Technical Analysis of Stocks & Commodities journal.

This indicator can be used instead of the usual moving averages. Triple Exponential Moving Average (TEMA) is a combination of one exponential moving average, a double exponential moving average and a triple exponential moving average, which provides less delay than any of these three averages individually.

In this implementation the indicator allows to customize the following parameters:

  • MAPeriod - data averaging period;
  • MAMethod - smoothing method;
  • MAPrice - applied price to calculate the moving average (HIGH, LOW, MEDIAN etc.).

8-period TEMA, plotted by the median prices

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13263

Regression Сhannel Regression Сhannel

The channel indicator plots a linear regression channel.

Super Trend Super Trend

The Super Trend indicator not only determines the trend direction, but also helps to detect the Elliott waves.

Another_Symbol Another_Symbol

Display of a symbol's chart in a subwindow of another symbol.

UP bot 1 UP bot 1

A simple Expert Advisor, which works without the use of any indicators. Enters at trend reversal attempt.