ColorZerolagX10MA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This variant of the Moving Average indicator is calculated based on five moving averages.
All editable variables are implemented as indicator input parameters. However, keep in mind that these variables are dependent on each other to some extent, so you should tune them more carefully!
The FactorN input variable represents the unit weight of N number of moving averages in the total indicator value.
The indicator uses classes from the SmoothAlgorithms.mqh library (copy it to <terminal data folder> \MQL5\include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
Figure 1. ColorZerolagX10MA indicator
Attachment download
📎 ColorZerolagX10MA.mq5 (10.63 KB)
📎 smoothalgorithms.mqh (130.19 KB)
Source: MQL5 #13347
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