ALMA with additional filters - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The original ALMA (Arnaud Legoux Moving Average) indicator eliminates smaller price fluctuations by applying a moving average twice. The key points of ALMA are described on the author's website .
This is a modified version of the indicator with additional filters and floating levels.
Attachment download
📎 alma_1_3.mq5 (11.33 KB)
Source: MQL5 #16517
ALMA with additional filters - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
ALMA with additional filters - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 resources are Forex indicator related resources. 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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