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Indicators

TriMA - indicator for MetaTrader 5

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247
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votes: 5
Published:
2018.06.06 14:02
TriMA.mq5 (12.6 KB)view

Triangular Moving Average.

Calculation:

TriMA[i] = (MVA(i,N) + MVA(i-1,N) + … + MVA(i-N+1,N))/N

where

MVA(i,N) – a simple moving average (SMA),
N=(Period+1)/2

The indicator has two input parameters:

  • Period - period;
  • Applied price - price used for calculations.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/20437

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