Fractal_Moving_Average - MetaTrader 5 Script - MT4/MT5 Resources
Real author: jppoton@yahoo.com
Fractal Moving Average, indicating the last value with a price tag capable of changing the averaging algorithm. For a more detailed description, please see the author's blog .
Figure 1. Fractal_Moving_Average indicator
Attachment download
📎 fractal_moving_average.mq5 (37.37 KB)
Source: MQL5 #16998
Fractal_Moving_Average - MetaTrader 5 script usage and filtering recommendations
Fractal_Moving_Average - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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