DecEMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Real author:
The moving average itself represents a linear combination of the EMA smoothed series of exponential moving averages (EMA).
The indicator uses the SmoothAlgorithms.mqh library class (must be copied 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.
The indicator was first implemented in MQL4 and released in the code base on September 16, 2008.
Figure 1 DecEMA indicator
Attachment download
📎 decema.mq5 (7.78 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #1382
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
