Corrected Average (CA) - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Modified average indicator by A.Uhl (also called "best moving average") .
The advantage of the corrected average (CA) is that the current value of the time series must exceed the current volatility-related threshold in order for the filter to increase or decrease, avoiding false signals when the trend is in a weak phase. -Professor A.Uhl-
Update version 2.2:
Attachment download
📎 corrected_average.mq5 (5.15 KB)
Source: MQL5 #923
Corrected Average (CA) - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Corrected Average (CA) - 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. Focus on 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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