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Published:

2016.10.20 16:43

Updated:

2016.11.22 07:32

one_more_average.mq5 (12.09 KB) view

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The idea of this one is simple: it should not be itself, but it should be a kind of a chameleon — it should "imitate" as much other moving averages as it can. So the need for zillion different moving averages would diminish.

And it should have some extra, of course.

The extras:

it has to be smooth
it has to be able to "change speed" without length change
it has to be able to adapt or not (since it has to "imitate" the non-adaptive as well as the adaptive ones)

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One More Average - indicator for MetaTrader 5