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Re: Moving Average indicators for MT4

mntiwana, Sat Sep 15, 2018 6:02 pm

thiru wrote: Sat Sep 15, 2018 11:10 am

Dear mrtools,

I was looking at MHL average oscillator, where we have 3 version in FS;
MHL average oscillator 1.1.mq4 (default averaging methods and pricing option)
MHL average oscillator 1.2.ex4 (extended averaging methods and extended pricing options)
MHL average oscillator(mtf + alerts).ex4 (same as above with alerts)

Using the default setting values from version 1.1
calc Period =10
ave Period = 50
ave Type= EMA
Price = close

The version 1.1 and 1.2 produce different results. On 1.2 when I increase the ave Period to 100, I don't see any noticeable effect.

Is this the expects result?

2018-09-15 08_42_41-EURUSD,M5.png

Thank you very much.
I tested with Mladen's ver "MHL averages" (on chart) - i guess the matter coming from average period parameter but Mrtools can better find the matter
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