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LSMA.mq5 (7.56 KB) view

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A Moving Average calculated by the least squares method.

The indicator has two input parameters:

Calculation:

LSMA[i]=Sum/L2

where

Sum[i] = (Period - N)*Price[i] + (Period - N - 1)*Price[i-1] + … + (1 - N)*Price[i-Period+1],
N = (Period + 1)/3,
L2 = Period*(Period + 1)/6

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20422

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LSMA - indicator for MetaTrader 5