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Integrated Moving Average lite

Integrated Moving Average (IMA lite)

This is a lite version of IMA indicator. It is the first analyzer based on the emission method [1, 2]. In addition, the emission method allows forecasting a trajectory of the probable price movement! Your trading on financial markets will become more intelligent and risks will decrease.

Input Parameter

  • Del - displaying integrated rates in the past (to the left of the current bar), default value is 500.

Graphical Elements of the Analyzer

  • The integrated emission points to the right of the current bar move vertically seeking for an "equilibrium point". The integrated emission points to the left of the current bar are fixed and not redrawn.

Lite Version Limitations

  • The Expert Advisor works only on M1;
  • Forecast is limited to 500 bars.
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This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse
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