DMA (Displaced Moving Averages) - indicator for MetaTrader 5
Real author:
The DMA (Displacement Moving Average) indicator places three moving averages in the main window:
This indicator is drawn based on the description in Joe DiNapoli's book "Trading with DiNapoli Levels".
The indicator was first implemented in MQL4 and published in the code base of mql4.com on March 30, 2010.
Figure 1 Displacement Moving Average indicator.
Attachment download
📎 dma.mq5 (9.17 KB)
Source: MQL5 #1191
DMA (Displaced Moving Averages) - indicator for MetaTrader 5 Usage and filtering suggestions
DMA (Displaced Moving Averages) - indicator for MetaTrader 5 is a resource related to foreign exchange indicators. 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 only on titles or short-term profit descriptions.
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