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Published:

2018.06.18 10:26

Elsigs_Shifting_Mean.mq5 (8.12 KB) view

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Indicator ESM (Elsig's Shifting Mean) shows the averaged shift of price over the specified time interval (bars).

It has one input parameter:

Period - calculation period.

Calculations:

ESM[i] = (Min + Max)/2

where:

Min, Max are the lowest and the highest prices in the specified range.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20797

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