This would be the time weighted average price (a kind of a moving average)
The description used is the following :
The Time-Weighted Average Price (TWAP) is defined as the average price of a security over the course of a specified period of time. The TWAP is traditionally calculated by first averaging the open, high, low, and close prices for each bar and then calculating the average of those averages as time progresses.
It depends on the time frame used, but it is not a multi time frame indicator. What it does is the following
it checks if a new period begins
if it does, then it resets the calculation period to 1.
After that with each bar passed, the calculating period is increased by 1 until a new reset is found
So, if you use current time frame, that is simply drawing the price line on the chart. To have some effective calculation, any higher time frame must be used. Usually daily time frame is used for this indicator. Also, this indicator can calculate all the time frames supported by metatrader 5 (this is metatrader 4 indicator), so time frame like 2,3,6 hours and so on are supported too
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This would be the time weighted average price (a kind of a moving average)
The description used is the following :
It depends on the time frame used, but it is not a multi time frame indicator. What it does is the following
So, if you use current time frame, that is simply drawing the price line on the chart. To have some effective calculation, any higher time frame must be used. Usually daily time frame is used for this indicator. Also, this indicator can calculate all the time frames supported by metatrader 5 (this is metatrader 4 indicator), so time frame like 2,3,6 hours and so on are supported too
QWMA average (that can be "other" averages too) posted here : https://www.mql5.com/en/forum/175037/page937
Hi all,
have anyone a moving average hit indikator, that only send a signal when the rsi or stochatik above or below the 50 line is?
sry for bad englisch
Hi all,
have anyone a moving average hit indikator, that only send a signal when the rsi or stochatik above or below the 50 line is?
sry for bad englisch
I use only a smartphone to trade. only ema touch indikator, generate too much signals. when i work i cant look every time at the phone.
i use the ema touch to go in the markt.
I use only a smartphone to trade. only ema touch indikator, generate too much signals. when i work i cant look every time at the phone.
i use the ema touch to go in the markt.
I am not a user of smartphone, but can you use custom indicators on it?
I am also not use smartphone but wonder whether smartphone platform as trader they can using custom indicator like as platform for PC?
Upgraded SSL fast sbar (it needs the upgraded ma_i-CA nmc too in order to work) :
Indi ssl_fast_sbar_alert_mtf-ca_nmc.mq4 does not work. Only blue color appears.