Not quite close as far as I can see. Compared two rainbows of 5-200 periods.mrtools wrote: Sat Apr 03, 2021 3:21 am Found an error i did when copied and pasted the line styles didn't change the indicator number, but for some reason it didn't really affect anything. Was reading what Mladen said about it and my understanding is the "improved" calculation actually makes it closer to an ema, where as before it was slower than both the sma and ema. So yea you're right it's very close to a Ema. Picture is using the improved calculation McGinley compared to Ema. If you don't mind me asking where was that quote from?
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Re: Moving Average indicators for MT4
heispark, Tue Apr 06, 2021 2:08 am