Indicators: Triangular moving average

 

Triangular moving average:

Triangular moving average

Triangular moving average

Author: Mladen Rakic

Triangular moving average
Triangular moving average
  • www.mql5.com
Triangular moving average is a sort of a weighted moving average that is known for very smooth results. The weights in the triangular moving average are adding more weight  to central values of the averaged data. Hence the coefficients are specifically distributed. Some of the examples that can give a clear picture of the coefficients...
 

Mladen,

You are the only one I know who could use a Pascal's Triangle and create, perhaps, a truly brand new indicator.

Nice work.

 
very interesting. please create mq4 version. thanks!
 
Can you make this for MT4? 
 

Hi Mladen...

Nice indicator... but can you do it not in line but in histogram (like your precision trend histo)? I don't like to ''dirty'' the chart.

Please... Thank you so much!

Reason: