Thank you very much dear @kvak i will begin testing some ideas with this and share if they seem to be working. For the new price type yes I'm sure about calculation. Actually Tri-Price can be considered a variant of average price(HLCO/4) with more emphasis on C and less emphasis on H& L since median is HL/2. In a very volatile market like forex with many big wicks, big candles and Gaps, I think this type of price can reduce the noise and give us better insight into the market. I will be very happy and thankful if you add Tri-price to your price kit so that we can test it on every indicator. Best regards.kvak wrote: Sat Mar 02, 2024 10:42 am Here is first version for tests. Simple version of 3x MA cross.
Feel free to ask adjustment what you want.
p.s. are you sure for your calculation : Tri-price(Triangular)=(Median+Open+1.5 Close)/3 ??
Re: Moving Average indicators for MT4
3421Think out of the box!