• Overview
  • Reviews (4)
  • Comments (2)
  • What's new

Dynamic Step Moving Average MT5

This is a version of the Moving Average which uses not just the price for calculations, but an increasing price step: dynamic (default) or fixed. A complex price channel is used for changing the line direction. The channel parameters are adjustable. This line can be used as a trend indication or as a support/resistance level. For Yen pairs and metals, divide the values of the first two parameters by 10.

  • StepKoeff - step increase factor,
  • MaxKoeff - multiplier defining the max step value,
  • DynamicMode - enable/disabled dynamic step calculation,
  • StepPeriod - period for dynamic step calculation,
  • PeriodHighMA - the smoothing period of the upper line of a limiting channel,
  • MethodHighMA - the smoothing method of the upper line of a limiting channel,
  • PriceHighMA - the price used for the calculation of the upper line of a limiting channel,
  • PeriodLowMA - the smoothing period of the lower line of a limiting channel,
  • MethodLowMA - the smoothing method of the lower line of a limiting channel,
  • PriceLowMA - the price used for the calculation of the lower line of a limiting channel.
Nikolay Gaylis
17216
Nikolay Gaylis 2019.01.14 07:35 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
12014
Gennadiy Voltornist 2018.01.07 19:25 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5502
Daniel Andrejczuk 2017.11.09 14:26 
 

User didn't leave any comment to the rating

Nork
6084
Nork 2017.06.28 05:30 
 

User didn't leave any comment to the rating

Version 1.2 2016.02.29
Added new types of smoothing (total 26) and price types (total 16)
Version 1.1 2015.10.21
The indicator now works only with closed bars, thus a one bar shift is used for the "current" value display.