#234
by mntiwana
"d_MA"
An "dikiy" toy  The author claims interesting feature,dont know where it fits or what use of it,may be helping trailing SL/TP or what ever else  think it support usual methods and usual prices
in picture applied 3 instances of same indi (680132) with lower/higher periods for to see how it work and or looks like
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Author : In contrast to the classical average, the period decreases with the trend. The minimum period of the average = 2.
pMA  the period of the moving average.
metod is a moving average method. Corresponds to one of four methods: 0  Simple (simple average), 1  Exponential (exponential average),
2  Smoothed (smoothed average), 3  Linear Weighted (linearweighted).
cena  the price at which is considered the average. It can take one of seven values: 0  Close (at closing prices), 1  Open (at opening prices),
2  High (at the maximum of the candles), 3  Low (at the minimum of the candles), 4  Median Price (at the average price (High + Low) / 2),
5  Typical Price (at a typical price (High + Low + Close) / 3), 6  Weighted Close (at a weighted close price (High + Low + Close + Close) / 4).

Attachments

 _2eurusdqh1.gif (6.85 KiB) Viewed 1560 times




 d_MA.mq4
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 d_MA.ex4
 (8.93 KiB) Downloaded 110 times
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.