Quadruple Exponential Moving Average - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author: Bruno Pio
A moving average with four times the EMA average, has a real period and can move the indicator horizontally or vertically.
This indicator uses the CMoving_Average class from the SmoothAlgorithms.mqh library. The article details how to use this class to average price series for intermediate calculations without using additional buffers . The SmoothAlgorithms.zip archive contains the SmoothAlgorithms.mqh file for compiling indicators in MQL4. In this case, the extension of the indicator file should be changed to mq4, i.e. QEMA.mq4).
The indicator was first implemented in MQL5 and published in the code base on August 13, 2012.
Figure 1. QEMA indicator
Attachment download
📎 SmoothAlgorithms.mqh (130.2 KB)
📎 QEMA.mq5 (13.36 KB)
Source: MQL5 #18463
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