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Indicators

Dynamic Moving Average - indicator for MetaTrader 5

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Views:
1914
Rating:
votes: 15
Published:
2018.03.01 11:30
VolMA.mq5 (14.68 KB)view

VolMA draws a moving average, the period of which is calculated by RSI, which is based on tick volume data.

The indicator has four input parameters:

  • RSI Vol Period - the period of RSI calculated on volume data;
  • MA Period - the period of the dynamic Moving Average;
  • MA Method - Moving Average calculation method;
  • Applied price - Moving Average calculation price.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19800

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