Q2MA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

A simple trend indicator based on two moving averages in the form of a colored cloud. MA is based on the closing and opening price time series of the price series.

The indicator uses the class SmoothAlgorithms.mqh library (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was first implemented in MQL4 and published in the code base of mql4.com on June 8, 2011.

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 Q2MA.mq5 (6.48 KB)

Source: MQL5 #15605