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2011.08.26 11:34
Indicators

ParMA - indicator for MetaTrader 5

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Published by:
Nikolay Kositsin
Views:
3420
Rating:
votes: 13
parma.mq5 (4.43 KB)view
\MQL5\Include\

Real author:

alexjou

Moving average indicator based on parabolic approximation of price. Quite remarkable algorithm of parabolic price approximation is used in this indicator for smoothing.

The indicator uses the CParMA class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

  • Place smoothalgorithms.mqh library to the terminal_data_folder\MQL5\Include.
  • The indicator parma.mq5 must be placed to the terminal_data_folder\MQL5\Indicators.

ParMA

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/433

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