Could someone please make a new indicator.
It will be called MMcMA - a multiple McNicholl moving average indicator with the following parameters:
20 Lime Width 2
27 Aqua Width 2
34 Magenta Width 2
55 Blue Width 4
69 Deep Sky Blue Width 2
76 Yellow Width 2
89 Red Width 2
103 White Width 2
The McNicholl ma is in my opinion the best of the moving averages.
I just would like the indicator made so it can be used in place of ema based multiple moving averages.
Is that explanation sufficient?
try. Based guppy
I am not coder
Thank you Poruchik for the indicator - the ma's unfortunately are not McNicholl (or close copy of DEMA) but I very much appreciate your reply.
Guppy uses ema's whereas my version would use double exponential moving averages (DEMA).
Thank you - do you have the mq4 file as I would need to do some adjustments to the periods.
That is a pity, it would have been ideal but the settings are completely wrong for McNicholl.
I have ema, smma and sma multiple moving average indicators but they are not suitable for my purpose.
Is it something that can be coded for a new indicator?