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Re: Moving Average indicators for MT4

mntiwana, Tue Mar 28, 2017 6:59 am

Some versions of Angle of Average/s

Angle of Average

MLADEN : This issue was around for so long time ....
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The problem that people overlook when asking to calculate an angle of an average is simple : date on Y axis of a time series chart is different type from the data on X axis,since they are completely different,the angle can not be calculated from that data ... unless you make them compatible.
This is one possible solution : this version "converts" time into "pips" by using average true range as a value of a single time bar and that way unifies the value of X and Y axis,using the ATR for that is an approximation : (there is no 100% accurate method to do that) ,but it is not a bad approximation : at least it is not showing results of > 90 degree

in this version 4 usual MA types and usual prices option
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