Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

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

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

Views:

4372

Rating:

(13)

Published:

2018.06.06 12:36

SHL_MA_Band.mq5 (18.56 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The indicator is a variation of Bollinger Bands and Envelopes, based on two smoothed moving averages calculated by the Linear Regression method (LSMA Linear regression MA).

This is a version of the HL_MA_Band indicator with an additional smoothing.

It has two parameters:

Period - LSMA calculation period;
Method - LSMA smoothing method.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20263

HL_MA_Band

A trend indicator: High/Low Linear regression band.

LR_MACD

MACD based on the Linear regression MA.

Cumulative_Volume

A volume indicator with different types of data representation.

MA_Difference

An oscillator indicator showing a difference between MA and the price.

SHL_MA_Band - indicator for MetaTrader 5