Moving average of Max candle parameter

112622km2 2021.10.05 07:13

Hello Guys .

I am new to mql5 and I am trying something but it doesn't work.

I want to make a MA indicator like this.

Moving Average of the maximum price between PRICE_OPEN and PRICE_CLOSE of each candle (If the candle is bearish or bullish, it doesn't matter)

So for each candle it will select the maximum between the PRICE_OPEN and the PRICE_CLOSE and then make the Moving average based of the maximum value.

Formula = MA (Max( PRICE_OPEN, PRICE_CLOSE))

I am struggling with this but can't find a solution. I will appreciate your help

Thank you

Vladimir Karputov 2021.10.05 07:46 #1

112622km2:

Hello Guys .

I am new to mql5 and I am trying something but it doesn't work.

I want to make a MA indicator like this.

Moving Average of the maximum price between PRICE_OPEN and PRICE_CLOSE of each candle (If the candle is bearish or bullish, it doesn't matter)

So for each candle it will select the maximum between the PRICE_OPEN and the PRICE_CLOSE and then make the Moving average based of the maximum value.

Formula = MA (Max( PRICE_OPEN, PRICE_CLOSE))

I am struggling with this but can't find a solution. I will appreciate your help

Thank you

112622km2 2021.10.05 08:20 #2

Vladimir Karputov #:

Example: MA Custom Price

Thank you so much. It works like a charm.