How to apply EMA to asking price
Hello Everyone, I'm new to MT4 and was trying to figure out how to apply the Moving Average indicator (exponential) to the lowest asking price. I see options for High, Low, Open, Close, etc., But I don't see asking price as an option. Maybe I'm not understanding it correctly. Any help offered would be greatly appreciated.
You would have to modify the EMA code to make it calculate on price+spread.
That is true for historical chart data. It would be accurate on the live price feed though.
That is true for historical chart data. It would be accurate on the live price feed though.
Live ask is available yes, but EMA of Ask prices isn't until you calculate it.
It's possible to create offline chart from the ask price, then the EMA can be applied on that offline chart.
This software can make offline chart based on the ask price: http://metatraderprogrammer.com/microtimeframe
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Hello Everyone, I'm new to MT4 and was trying to figure out how to apply the Moving Average indicator (exponential) to the lowest asking price. I see options for High, Low, Open, Close, etc., But I don't see asking price as an option. Maybe I'm not understanding it correctly. Any help offered would be greatly appreciated.