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This is a trend-following system using MACD, Pivot Point and Stochastic Oscillator as input for Neural Network feed calculation. All calculations have been tested and optimized in Matlab environment with 6-digit precision method to ensure that the strategy is able to survive on the long-term basis. The Expert Advisor does not use high-risk trading strategies, like Martingale or Grid. This system best performance for EURUSD pair, H1 (Hourly) charts and 5-digit brokers. Recommendation: 5-digit b
MACD is familiar to all of us. It is based on two moving averages (slow and fast). MACD lrma MT4 is based on two moving averages either. But the cornerstone of these MAs is the linear regression algorithm. Settings: InpFastEMA- fast moving average period InpSlowEMA - slow moving average period InpSignalSMA - signal line period
If you use trading signals regularly, you probably know that a signal provider's trading lot volume can differ from that of a subscriber. The provider may apply a volume that is too large or too small relative to your deposit. The Dublicator Deals utility automatically opens an additional order with an increased lot. Orders will be opened and closed automatically in accordance with the original order. Also the tool automatically copies the Stop Loss and Take Profit values. This tool can automa
The tool takes screenshots every time when a deal is opened or closed. The scrrenshot files are saved to the \Files folder of your terminal. The folder can be opened from the terminal menu File -> Open data folder. Once the Explorer opens, go to MQL4\Files\ The files are stored in the following format: \Files\YEAR.MONTH.DAY\Symbol\Ticket Comment Type Symbol (open\close) time.gif The EA can be run on any chart, it however monitors ALL market positions (BUY, SELL). The charts of all the traded
Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc. (only NZDCAD is available in the demo version!) How It Works The indicator uses the modified Triple Screen Strategy for determining trend direction in the third window via Awesome Oscillator, Moving Average or Stochastic Oscillator at the trader's discretion. The oversold/overbought
The indicator shows the server time and the value of the ATR indicator. It is possible to change the location and color of the text, as well as the settings of the ATR indicator. Trading volume and volatility vary depending on the time of day. Timing plays a very important role in trading. Probably, you will be able to trade more effectively if you know that volatility is high enough. For example, the trading robot "EA USDJPY" uses the time and volatility to determine entry points.
'BrokerInfo' is an indicator to show some information of account on the chart. You can to see on chart information about: GMT time. Broker time. Maximum simultaneously open orders. Leverage. Maximum lot size. Minimum lot size. Lot step. Stop level in pips. Symbol spread in pips. Parameters SizeBackground – background size. PositionUpDn – position to show info on the chart.
Conservative and classical trend following system Expert Advisor based on OptimaFilter indicator and standard simple Moving Average. The Expert Advisor does not use high risk trading strategies, like Martingale. Developed for EURUSD pair, M30 charts and 5 digits brokers. Features Money Risk Management. Trailing Stop. Trailing Start. Fixed Stop Loss. Fixed Take Profit. Break Even Point.
Joke EA It is EA for boring market or if you are bored. Catch the fly on a chart. 10 levels of difficulty. The fly is landing on chart when tick occurred. To catch the fly, click on it. You can skip levels by changing time frame. Also with Joke EA you can test indicator KL Trend lines Buy Sell Close for KLVOM. If you have any questions or suggestions, feel free to let me know. Feedback (especially improvement ideas) are most welcome.
The indicator displays a histogram for the Relative Strength Index direction. This is calculated by taking the average up or down RSI movement (on Close, High and Low prices) for each of the "CompareCandles" and then setting a signal for direction. There is also an extra weight on the later candles to quickly detect changes in the trend. There are four different values for the signal. Up - there are more up than down movements in the CompareCandles and the general RSI is greater than 55.
KL Visual Order Manager is multi-function tool for managing orders and charts. First, I created this tool (end of 2012) to separate chart analysis from order lines that cause mess and make chart unclear, especially when you use many time frames. Gradually I added another functions. KLVOM as core is related or interacts with my other indicators, which all together are using for managing orders and charts. This is tool that I’m using every day. Great tool for Scalpers and Day Traders. With
The River trades the EURUSD with a risk/reward ratio of 1/15, risking around 3% of account balance per trade and making it an aggressive Expert Advisor. Although 1:15 is a very good R/R ratio, there's an estimated probability of only 10% of profit trades according to the EA backtesting. It only opens 1 stop order per day and in average there are only 130 trades per year. My recommended minimum starting balance is $1000. This EA is the one behind the signal named "The River".And it is also an ag
This EA is for GBPJPY. This EA is using MACD and RSI. The input parameters are optimized for M15. It is recommended for use in securities companies offering small spread. Parameters FUNDA - buying and selling if "0", buying only if "1" and selling only if "-1". magic - set magic number. lots - set the number of lots. 0.1 means ten thousand currency. maxCnt - set the maximum number of position. profitPips - set profit in pips. losscutPips - set losscut in pips. In some cases to be clo
This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR range input, the ATR value from the prior bar, the account equi
A strength indicator based on Elder's book. I wrote it five years ago and couldn't delete it since then. I've changed many terminals and computers, and this indicator is always with me. Its strategy is simple: when the slow curve grows and is greater than zero, and the fast one falls and makes a reverse, we buy at the reversal point. When the fast curve moves up and turns down, close the deal. Conversely open a short trade if the slow strength indicator is less than zero and continues to fall.
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t likea simple MTF indicator. This is the real display of the indicator on itstimeframe. Here's the options available in the FFx indicator:
Parabolic SAR test is an auxiliary Expert Advisor which is available free of charge. It is useful in getting statistics, testing and optimizing parameters.The resulting parameters can be used to set the Statistic Trader Expert Advisor - the main product whose strategy is based on two concepts - event probability and money management. Testing and optimization of Parabolic SAR test will allow a trader to determine: what values of stop level increment (step) and maximum stop level (maximum) fo
This utility allows to quickly scan markets on different timeframes without dragging symbols from Market Watch. It supports multi timeframe analysis, i.e. three different timeframes can be scanned. Additionally, it saves objects drawn on a chart to a file and synchronizes them between other windows. Also, this utility will automatically save all objects and drawing to a file and restore when switching back; also, the template will be loaded on other charts, too. The watchlist is based on inst
Looping is a very simple way to deal with Forex Trading with more ease. It can help when it's difficult to check trends or during unexpected price movements. Instead of getting confused, you will be more aware when to pass orders or not. Trader can set a specific distance when orders to come and it will use candle High/Low points as orders place. If price failed to open order these order will get expire and this expiry can be set with desire. Other Functions and Advantages You simply need
AR Canada is a fully automated trading robot optimized for USDCAD H1. This free version trades only a fixed lot with minimum volumes. No hedging, no martingale, no grid, no arbitrage, etc. The EA applies the trading algorithm based on crossing the moving averages. Take Profit and Stop Loss values are fixed and have a ratio of 1:4. Positions are closed by the EA when Take Profit or Stop Loss level is reached. Parameters MagicNumber = 3 - unique EA magic number.
The price acceleration indicator determines the rate of price change. It is based on the Price Speed indicator. It displays the acceleration of the price movement for the selected number of bars in the form of a histogram. Values above 0 indicate acceleration of UP movement. Values below 0 indicate acceleration of DOWN movement.It is a leading indicator. In the case the trend starts to slow down and lose strength, the indicator values will start to reverse while the price can continue to
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. You may also try another indicator: Ticks Line Chart. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color. De
The indicator plots an affine chart for the current instrument by subtracting the trend component from the price. When launched, creates a trend line in the main window. Position this line in the desired direction. The indicator plots an affine chart according to the specified trend. Input parameters Maximum number of pictured bars - the maximum number of displayed bars. Trend line name - name of the trend line. Trend line color - color of the trend line. Black candle color - colo
Freeware is a scalper based on unique mathematical model of market analysis. The EA has been configured to work on the USDCHF, USDCAD, AUDUSD currency pairs on the М15 timeframe. For ease of use, the EA has a minimum of input parameters and requires minimal intervention from the user. Parameters Slpp - stop loss as a percentage of the channel width Lots - lot size magic - magic number of orders. MSpread - maximum allowed spread.
The indicator plots horizontal channels. If the price breaks the boundary of the channel, the channel is shifted. The channel boundaries serve as the support and resistance levels, and the areas bordering the channel boundaries can be used as the overbought and oversold areas. The Channels for prices indicator perfectly works during a flat when combined with the indicators like Stochastic, RSI and operates as a confirmation indicator. The Channels for prices free is a demo version limited to: E
The Expert Advisor manage trading operations with 1% of Auto Money Management, the goal is to achieve a few pips for each trade. When the trade goes in the wrong direction, an additional trade is open with a higher lot size (x10). You can choose, in which direction open the additional trade. This is a non-stop loss system, the EA can work in addition with other robots but it will open the trade only if there are no open trades by other robots in the MetaTrader terminal. You can choose to mana
The indicator can be based on the traders that their strategy of opening and closing of candle stick is built to help. The indicator show us remaining of time to open next candlestick in these timeframes: M5, M15, M30, H1 & H4. Attention: If you select other timeframes on the chart, appears a warning that you select unsupported timeframe. In order to improve the quality, Please guide me with your comments. enjoy it!
Virtual Order is a small utility will alow you to check order and SL/TP profits if you open it in that place on chart. TP/SL are showed in points and profit. Parameters Objects Graphic Name: objects name in chart Order Line Color: color of order line Lot Size: lot size used for calculate profits If you want check other tools visit my profile > https://www.mql5.com/en/users/braintheboss
The next indicator draws support and resistance in up to three different timeframes on the same chart based on x bars each timeframe. It has the next inputs: Variable Value periods1 100 periods2 100 periods3 100 timeframe1 1 minute timeframe2 5 minutes timeframe3 15 minutes showpriceR1 true showpriceR2 true showpriceR3
The indicator displays the charts of the Williams' Percent Range indicators from the higher timeframes. A total of three indicators can be displayed. Set the value of the required timeframe in the 'Timeframe' variable. At the value of Timeframe=0 the indicator from the timeframe is not displayed. The indicator parameters Period - period Timeframe1 - timeframe Timeframe2 - timeframe Timeframe3 - timeframeOther indicators of the series: Multi TF Stochastic - https://www.mql5
FIA EA uses MA value, stochastic value and certain candle patterns for market entries and exits. Careful and strategic trading Works on all symbols and for certain platform with special symbols there are strings to change in my symbol setting to fit in those requirements. On the other hand, users have to change the lot size setting correspondingly for those products with minimum lots set to 0.1 or 1.0 lot. Traders can open trades on certain product based on the movement of H1 period candles p
This indicator belongs to the Oscillators group. It is based on analysis of changes in closing prices between the highest and the lowest levels for a certain period. Indicator values fluctuate around the zero level. Its intersection is a) a sign of a possible change of impulse price movement; b) a signal to opening a position. Blue Histogram - upward momentum. Red histogram - downward momentum. Change of the histogram color to blue - a buy signal. Color change to red - a signal to sell. Sett
This is a medium-term conservative system. It tracks quote movements and defines entry points. The Expert Advisor is completely automated and features the unique algorithm. This demo version trades USDJPY. Features It does not use Martingale; No grid; No scalping; No excessive parameters; Fixed lot; No complicated settings.Trades are usually opened infrequently. Orders may remain open for a few days for obtaining greater profit. Amount of trades per month is from 5 to 20. Deals are cl
The main feature of this indicator is the ability to monitor the levels of Bollinger Bands of the higher periods. The bands can be displayed either as horizontal or trend lines. By enabling the comment, you can assess the Bid price distance (in points) relative to the lines for all periods simultaneously. Two Bollinger Bands indicators are displayed on an active timeframe. The indicator having the greater standard deviation is used as an overbought (oversold) zone marker. Bollinger Bands signal
Description of the Settings: MA_period_fast - The period of averaging for calculation of fast Moving Average. MA_period_slow - The period of averaging for calculation of slow Moving Average. price - price used. It can be any of the price constants. 0 - (CLOSE) Close price. 1 - (OPEN) Open price. 2 - (HIGH) The maximum price. 3 - (LOW) The minimum price. 4 - (MEDIAN) The average price, (high+low)/2. 5 - (TYPICAL) Typical price, (high+low+close)/3. 6 - (WEIGHTED) Weighed close price, (high+lo
The StrongWeakTrend app provides an easy-to-read interface showing the strongest and weakest major currency movers. What used to require hours of chart analysis can now be easily and visually displayed in a matter of seconds, so you can make quick decisions on trading trends. StrongWeakTrend uses SAR Algorithm and Channel trend of 7*8/2=28 symbol pairs (usd, eur, gbp, jpy, aud, nzd, cad, chf) to calculate the strong or week trend. It perfectly matches my another program "Sar Trading Station".
Want to see your trading system visually on a chart? Visual Trader allows you to see your historic and live trades entry and exit points. See all your trades Analyse your system It is a very useful forex tool as it shows the trades in the same way as they are shown on a back-test. It is great for analysis of your trading system as you get to see how the entry and exit points match your indicators and chart shifts. You will see a red arrow and corresponding line for your sell trades and a
The EA is designed to work on GBPJPY. To enter the market it uses a set of standard indicators with original candle filter. The entrance is made on the price momentum of the trend. Then a pyramid of orders is built and the volume of trading with the trend increases. When you build a pyramid two filters are used. In addition to the standard stop-loss original trailing stop is also used to improve profitability. The EA is optimized for the last year and the default settings are quite conservative.
Purpose Automated trading on Forex market via MetaTrader 4 trading terminal. The EA supports build 600 and above. Expert Advisor type: intraday trading. Recommended leverage is 1:100. Recommended risk is <=2. Quote type: 5 decimal places (for example, 1.23429). Money Management: the Expert Advisor automatically reinvests, increasing lot depending on the growth of your deposit. Currency pair: EURUSD. Used timeframe: M30. External indicators are not used. Features
The Expert Advisor makes use of the current market situation. It does not apply Martingale, averaging and other potentially dangerous methods. It has been developed specifically for trading GBPJPY M5. Ability to trade other currency pairs is currently being tested. The EA has been tested with the fixed lot equal to 0.5 for the deposit of $10 000. I recommend that you change only the lot size leaving all other customizable parameters intact. The default lot size is 0.1.
This Expert Advisor is for small deposits. Martingale and averaging are not used. The product works steadily on any account type and broker. Spread value is not important. The EA works on Н1. The screenshots show extreme testing for the last two years with the simulation quality of 99.9%. Increase from the initial deposit of $100 at GBPCHF has comprised 1 300%, while at EURGBP it was 222%. The algorithm applies EURGBP and GBPCHF price chart movement peculiarities. The EA uses pending limit ord
Small. Simple. Powerful. The product indicates the time left before the current bar is closed and a new bar is formed. It is useful for strategies requiring a bar to close to confirm direction/momentum/price action and allows you to perfect your timing of trades. This is the DEMO of the PRO version and the timer will update every second (unlike the normal version, which only updates on ticks received). Different text colors, text sizes and text fonts can be selected to customize the
The indicator draws daily support and resistance lines on the chart, as well as the Pivot level (reversal level). The demo version does not display a line of support for the day! Used for reference only and analysis on stories. Indicator Parameters DayBack - number of days for marking lines; PPcolor - Pivot line color; PPwidth - Pivot line thickness; PPstyle - Pivot line style; Supp - color of support lines; Sstyle - style of support lines; Swidth - thickness of support l
Exp - COPYLOT CLIENT is a trade copier for МetaТrader 4. It copies forex trades from any accounts. Installation Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the MASTER copier in the terminal from where you want to copy the trades. COPYLOT Master (free) Note: The list of settings can be found on the
A great Expert Advisor! It has been created specifically for automated trading! One of the main determining factors for trade decision is based on the converted values of RSI and adaptive estimation algorithm. It is highly stable. It can trade any currency pairs. Recommended deposit - 100 USD and more. It shows the best results on timeframes H1 and H4. Please see the attached video and the reports to see and evaluate its trading.
Demo Version - Full features, but only demo accounts and non-USD pairs are allowed. FX Seal Panel is a One-Click-Trading Expert Advisor which helps you to control your trading in up to 6 instruments at once. It has three different tabs: Trades, Grids and Closes Trades tab allows you to open a Buy or a Sell order with one click, setting the StopLoss and TakeProfit to a fixed number of points, or to the High/Low of the last X bars. It also allows you to Reverse the position (if you are Long
The Expert Advisor trails open positions based on the value of the Moving Averages on the same symbol. Once the position profit exceeds a value specified in the settings (it can be negative), trailing stop is switched on. Position stop is trailed at the amount equal to the MA value and at the preset distance from it. Inputs Position parameters: MagicNumber (-1 == all positions) - the magic number of the orders to trail. For example, 100500 - it will trail the stops of the EA that opens posi
Have you ever tried back-testing a robot on BTC-E Metatrader 4? If you did you probably know how bad the quality of the history is. This program was created to convert the tick data, that you can download from external provider into 1M, 5M, 15M, 30M, 1H, 4H and 1D CSV History Center data. There are many differences between the real tick history and the provided candle history (like drop on 2014.02.10 - BTC-E history shows drop to 300 while really it was to 100 USD) Enjoy high quality histor
The volume indicator is placed in the main chart window and is a replacement of the standard indicators (ctrl + L) on a chart. Also the last bar has two measurement, the first one reflects the actual (or current) value of the volume, and the second one shows the predicted level at the end of the period of the current candle based on the chart period. Thus, it simplifies evaluation of reversal bars and power candlestick patterns.
When timing is everything, this indicator will show the cycle of the currency when it is in peak cycle or bottom cycle. It will show you when to enter and exit positions easily. When the yellow line is on the peak, it means you should prepare for a sell position. When the yellow line is on the bottom, it means you should prepare for a buy position.
The DEM and RSI indicator is based on two popular indicators - DeMarker + RSI. It works as a semi-automated trading system that identifies oversold and overbought levels and gives a signal for relevant position opening. Trade Recommendations: Attach the indicator to a chart of any currency pair and any time frame (it shows good results on EURUSD M1). When there is a buy/sell signal, you open a trade and wait for the opposite signal or close the trade by TP. It is advisable to refrain from
The indicator is based on Scott Lowry moving average cross. I have developed combining different kinds of moving averages and showing the best buy or sell order. You can enable alerts when conditions to buy or sell are met. It is recommended to use the indicator on trend markets. The buy or sell signals are based on the book entry when the signal is following a tendency based on moving averages and after the correction.
Buys vs Sells chart plots a bar chart displaying the number of buy trades vs the number of sell trades that were opened or closed on each bar. For best comparison the number of sells is displayed as a negative number. The indicator is flexible in that you can quickly view the hourly, daily, weekly etc. data by simply changing the chart time frame to the respective, i.e. to view the number of buy trades and sell trades that opened or closed on a daily basis, you simply attach the indicator to a D
AR Canada Lite is a fully automated Expert Advisor optimized for trading USDCAD H1. The Expert Advisor DOES NOT use hedging, martingale, grid strategies, arbitrage, etc. It uses a trading algorithm based on the intersection of two moving averages for analyzing the market conditions. The Take Profit and Stop Loss values are fixed and have a ratio of 1 to 4. The EA closes positions when Take Profit or Stop Loss are reached. Parameters Lots - lot size; MagicNumber = 3 - unique magic numb
This is the Free version of the product: https://www.mql5.com/en/market/product/19928 Free version limitations: Only EURUSD trades are copied. Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports
The script is designed for quick placement of an order grid. It features selection of the order type, the number of orders in the grid, the step between orders, lot multiplier. Flexibility and ease of configuration, as well as the operation speed allows you to use the script in virtually any strategy. It can become an indispensable tool for the "news trading". Settings: Buy Orders - place buy orders Sell Orders - place sell orders Type Orders - type of orders, limit or stop Order
Dashboard Super Currency Strength Advanced Demo is the demo version of Dashboard Super Currency Strength Advanced, LINK, which have full functionalities of the paid version, except Only 2 currency strength meter with time-frame of H4 and D1 will be used for signal generation (full version has 4 currency strength meters with full time-frame selection)The Dashboard Currency Strength Meter Advanced gives you a quick visual guide to which currencies are strong, and which ones are weak over the
This is the test version, shows only the visual of the last 10 history orders. Remind you to use the official version: https://www.mql5.com/en/market/product/17159 This is a useful and interesting little script for Forex trading. It is used to show the history of orders and histories of trading records for a single symbol. Double-click on it and it will immediately reproduce the entire history of orders for the current symbol on the chart. The visual contents The positions where the order
This indicator uses complex algorithms to identify the length of the body candle, as well as the distance between the highest/lowest price and the open/close price of the candle. Below is the description of the indicator parameters: ----- Input number bar statistical ---- Use TotalBar - True: Synthetize on a particular number of candles. False: Synthetize on the number of candles displayed on MT4 screen. TotalBarStatis – The number of candles you want to synthetize. MinBodyCandle –
During the development and testing the experts, sometimes very good results are obtained - not a single losing trade. In the strategy tester a steady balance line can be seen, but the equity line is not displayed. It is only possible to evaluate the drawdown using a record in the report of a conducted test. EquityGraf EA Analyzer is an easy-to-use indicator that will allow you to analyze the real-time changes in equity and balance, equity drawdown relative to the balance. It can help you identif
The Five Minutes Tester indicator is a simple tester for the Five Minutes trading system and the Five Minutes Expert EA based on binary options. Its objective is constructing a balance line on history data and calculation of statistics during CALL and PUT transactions performed by Five Minutes trading system. The tester requires at least 100 bars in history for the EURUSD instrument on the five-minute interval. But, in order to receive reliable statistical data, it requires the bars to be do
This is a free plug-in for Control-adora Expert adviser. It's main function is to create a Buy Stop arrow on the chart or a Sell Stop arrow when the price crosses above or below a trend line, which will allow Control-adora expert open a new trade when the desired lines will be crossed by the price. Settings Prefix: Write here the prefix used to identify which trend lines are subject to be watched, value "Trendline" is set by default. Always use On Close Only: When set to true (by defau
This is an advanced version of the CCI indicator. The standard indicator version is calculated using the values of a simple Moving Average. This indicator provides an option for selecting a calculation method from MA to LWMA. A signal line with an adjustable period and calculation method is applied over the main indicator. The screenshot shows the differences in indicator values depending on the calculation method. It can be used as a more accurate signal by eliminating the price movement nois
AutoOrderModify Free is a supporting tool for all Manual and System Forex Traders. It works perfectly for situations like: “I have a nice EA but lacks the Trailing and/or Break Even.” “I’m lazy to calculate SL and TP every time I open a position.” “I want to control all of my manual trades with Trailing/Break even” Anyone interested in this tool but want more function, please try the “AutoOrderModifyEA Pro”. The freeware version can’t manage positions by Magic Number but manage ALL
GTX TURBO Free incorporates an advanced algorithm using 1 to up 10 Trailing stop independent working levels for at different levels to stabilize the trading safely. This version is limited for only 0.01 lots to use ! Buy full version: https://www.mql5.com/en/market/product/13561 The EA has been tested with Strategy Tester of 99.9% in different trading conditions surpassing all tests. The GTX TURBO Free is designed to work on ECN accounts with the EURUSD with a small margin Spread.
This indicator is very simple and will tell you when a new trend begins and the old one ends. Simply place the indicator on the chart and wait for the pointer to change its color. If it is changed from red to green - an uptrend started. If it is changed from green to red - a downtrend started.Important note: try to open the trade as quickly as possible after the arrow changes color. After that everything is up to you, whether you choose a fixed stop loss or exit the trade when the indica
The indicator displays the price movement on the chart, which is smoothed by the root mean square function. The screenshot shows the moving average with period 20, the smoothed root mean square (red) and simple SMA (yellow). The indicator parameters MAPeriod - Moving average period MaPrice - applied price (drop down list, similar to the standard MovingAverage average) BarsCount - number of processed bars (reduces download time when attaching to the chart and using in programs).