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Re: MT5 Moving Averages (MAs)

204 by AlgoAlex811
Adaptive Gaussian Moving Average

https://it.tradingview.com/script/th7NZ ... g-Average/

The original indicator calculates a Gaussian Moving Average with adaptive parameters based on market volatility.

All the original parameters are preserved:
  • Length: The lookback period for the moving average (default: 14)
  • Adaptive: Toggle to use adaptive standard deviation (default: true)
  • VolatilityPeriod: Period for volatility calculation (default: 20)
  • CustomSigma: Fixed standard deviation value when not adaptive (default: 1.0)
Standard Deviation Calculation:

When adaptive is enabled, calculates the standard deviation of closing prices over the volatility period
Otherwise uses the custom sigma value


Gaussian Weighting:

Implements the same Gaussian weight formula:

Code: Select all

exp(-((i-(length-1))/(2*sigma))²/2)
Weights are higher for values closer to the current bar


Price Range:

Finds the highest high and lowest low over varying lookback periods
Combines these values and applies the Gaussian weighting
These users thanked the author AlgoAlex811 for the post (total 3):
Ricstar_8, alexm, Cagliostro

Re: MT5 Moving Averages (MAs)

205 by kai007
Hello everyone,

Does anyone know if there's an indicator created using the ema with standard deviation bands?
Or is there an allaverages version where the standard deviation bands are plotted based on the type of average selected?
I have been searching for weeks and haven't found anything but i think it may have been due to the naming of the indicator which yielded no result.
Thanks in advance

Re: MT5 Moving Averages (MAs)

206 by mrtools
kai007 wrote: Tue Apr 08, 2025 9:05 pm Hello everyone,

Does anyone know if there's an indicator created using the ema with standard deviation bands?
Or is there an allaverages version where the standard deviation bands are plotted based on the type of average selected?
I have been searching for weeks and haven't found anything but i think it may have been due to the naming of the indicator which yielded no result.
Thanks in advance
Hello, are you asking about something like a bollinger bands but using a EMA?

Re: MT5 Moving Averages (MAs)

209 by Arcanyx
Hello guys, can someone add the shift feature for this ma indicator ? On page 17 there's the "avgs - filtered" indicator with this feature and although they are very similar, this ma slope indicator got slight better results on my system, and now I want to test some tactics based on Joe Dinapoli setup with it, of course, there's the classic ema from the mt5 platform that would do the work, but I'm one of those traders that like of visual cues, I feel more confident with it.

Re: MT5 Moving Averages (MAs)

210 by mrtools
Arcanyx wrote: Thu Apr 10, 2025 8:48 am Hello guys, can someone add the shift feature for this ma indicator ? On page 17 there's the "avgs - filtered" indicator with this feature and although they are very similar, this ma slope indicator got slight better results on my system, and now I want to test some tactics based on Joe Dinapoli setup with it, of course, there's the classic ema from the mt5 platform that would do the work, but I'm one of those traders that like of visual cues, I feel more confident with it.
Hello, added the shift.
These users thanked the author mrtools for the post (total 2):
Ricstar_8, Arcanyx

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