DPO - MA modification - MetaTrader 5 script | Trading script download - MT4/MT5 resources
MA modified DPO facilitates control of all parameters of MA (MA period, MA pattern, MA application price), changes the desired MA curve to a horizontal line, and can be easily used as a support or resistance level
DPO = closing price - MA (mode, price, DPO_period)
The MT4 version is available at https://www.mql5.com/en/code/50863
Attachment download
📎dpo_modified.mq5 (7.81 KB)
Source: MQL5 #50822
DPO - MA modification - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
DPO - MA modification - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script 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 on titles or short-term profit descriptions.
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