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Moving Average Based on Demark's Approaches - indicator for MetaTrader 4

Iurii Tokman | English 日本語 Русский 中文 Español Deutsch Português

votes: 5
2008.11.10 07:19
2016.11.22 07:32
MUV.mq4 (2.52 KB)view

The drawing of the moving average is performed on the basis of Demark's method "Daily Range Projections".

Indicator on a zero bar points at the future price change.

Input Parameters:

period - the period of averaging,

ma_method - the method of averaging:

0 - Simple moving average

1 - Exponential moving average

2 - Smoothed moving average

3 - Linearly-weighted moving average


You can develop some other indicators using this method.

Translated from Russian by MetaQuotes Software Corp.
Original code:


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