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ButtMA.mq5 (7.78 KB) view

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Indicator Butterworth Moving Average - a moving average with smoothing using Butterworth filter.

It has two configurable parameters:

Calculations:

ButtMA = p1 * Price + p2 * PrevButtMA - p3 * PrePrevButtMA

where:

Price = SMA(Applied price, 1) 

p1 = 2 / (1+Period)
p2 = 2 * (1-Kf)
p3 = (1-Kf) * (1-Kf)
Kf = Sqrt(p1)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21338

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ButtMA - indicator for MetaTrader 5