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Re: Moving Average indicators for MT4

Jimmy, Fri Jun 21, 2019 4:41 pm

This one is a hidden gem that was optimized by Mladen back in the day called the FRAMA (Fractal Adaptive Moving Average) MACD.
The original concept was by John Ehlers back in 2006 and then Matt Kennel (MrPip) made one version and this final version is by Mladen.

Although simple in it's form and without many options, this indicator performs very well for trading trends (especially for aggressive traders who are often in a hurry to open positions when the MACD's line "cross" before further confluence).

As explained by Mladen:
FractalMA macd like 2 ... Has a signal line and you can choose the signal line calculation mode (the usual sma ,ema, smma and lwma modes).

Thank you to Mladen for this code :)
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