Rj_RMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Alexander Ryabkov
The moving average of the range. The calculation is based on the highest and lowest prices over a period of time.
The indicator was originally written in MQL4 and first published in the code base on January 16, 2012.
Figure 1. Rj_RMA indicator
Attachment download
📎 rj_rma.mq5 (11.96 KB)
Source: MQL5 #11436
Rj_RMA - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Rj_RMA - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange 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 on titles or short-term profit descriptions.
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