Download MetaTrader 5

Indicators: Corrected Average (CA)

To add comments, please log in or register
Automated-Trading
Admin
110957
Automated-Trading  

Corrected Average (CA):

Corrected Average indicator by A.Uhl (also known as the "Optimal Moving Average").

The strengths of the corrected Average (CA) is that the current value of the time series must exceed a the current volatility-dependent threshold, so that the filter increases or falls, avoiding false signals in trend is weak phase. - by Prof. A.Uhl -

Author: Alexander Piechotta

Alexander Piechotta
7183
Alexander Piechotta  

Updated Version 2.2 :

  • I've added the Shift of indicator parameter (idea to use as a Support and Resistance)
  • Exponential averaging bug fixed

Hercs
3012
Hercs  
Alexander Piechotta:

Updated Version 2.2 :

  • I've added the Shift of indicator parameter (idea to use as a Support and Resistance)
  • Exponential averaging bug fixed


Alexander,

The first indicator had a RES / SUPP level above / below the indicator itself which is an excellent break-out trade when the price is consolidating. 

Could you possibly direct me to where I can find the mq4-version of that indicator as mine can no longer work on the latest version of MT4.

Thanks in advance for replying.

Sincerely,

Hercs.

To add comments, please log in or register