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Re: Moving Average indicators for MT4

kvak, Sat Jul 22, 2023 6:14 am

Corrected Averages indicator with 8x Averages Types

This is little experiment for test, corrected averages in this case is non-standard averages with all its extras.
8 types of averages ( OMA, AMA, ALMA, KAMA, T3, Tim Morris ma, Jurik filter and NEMA).
For correcting is used EMA deviation with 3 types of speed.

Origin of the correcting algorithm

As previously explained by Mrtools and Mladen, Dr. Alexander Uhl invented a method that he used to filter the moving average and to check for signals and used a Standard Deviation as it's method to correct the averages values.

Mladen's tweak to this algorithm uses a EMA deviation in place of the Standard Deviation which is less sensitive to whipsaws and provides cleaner signals.
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