CodeBaseSections
Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

Time_Averaged_MA - indicator for MetaTrader 5

Scriptor | English Русский 中文 Español Deutsch 日本語 Português
Views:
4600
Rating:
(11)
Published:
Download as ZIP How to download code from MetaEditor
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Time Averaged Moving Average is a moving average based on Time Averaged Price indicator. It draws a smoothed line with its values calculated by prices in a specified range.

It has four inputs:

  • Period - calculation period
  • Applied price
  • Smoothing period
  • Smoothing method

Calculation:

TAMA = MA(TAP, Smoothing period, Smoothing method)

where:

TAP calculation depends on the selected calculation price (Applied price):

  • Close price: TAP = Close[Period-1]
  • Open price: TAP = Open[Period-1]
  • High price: TAP = Max
  • Low price: TAP = Min
  • Median price: TAP = (Max+Min)/2.0
  • Typical price: TAP = (Max+Min+Close)/3.0
  • Weighted price: TAP = (Max+Min+2.0*Close)/4.0

Min, Max - Low and High prices in the Period range

Time Averaged Price is not required for calculation.

Fig. 1. Time Averaged MA, Close


Fig. 2. Time Averaged MA, High


Fig. 3. Time Averaged MA, Low


Fig. 4. Time Averaged MA, Median


Fig. 5. Time Averaged MA, Weighted



Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22514

TrendLord TrendLord

Trend Lord indicator

Exp_UltraFatl_Duplex Exp_UltraFatl_Duplex

Two identical trading systems (for long and short positions) based on the signals of the UltraFatl indicator, which can be configured in different ways within one Expert Advisor

Time_Averaged_Price Time_Averaged_Price

Time Averaged Price indicator

SRSI SRSI

Slow RSI indicator