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Indicators

AbsolutelyNoLagLWMA - indicator for MetaTrader 5

Views:
3465
Rating:
(14)
Published:
2018.06.18 10:20
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A moving average using double LWMA-averaging and implemented in color.

Fig.1. Indicator AbsolutelyNoLagLWMA

Fig.1. Indicator AbsolutelyNoLagLWMA

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20775

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This oscillator shows the differences in points between the successive High of bars/candlesticks and Low of bars/candlesticks. It also shows them in different colors, depending on the directions and amount of points set in the properties.

AbsolutelyNoLagLwma_HTF AbsolutelyNoLagLwma_HTF

Indicator AbsolutelyNoLagLwma with the timeframe selection option available in input parameters, alerting when the indicator changes its color.