Two iMA formulas - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources
Explore the shape of lines by applying three different formulas:
rice. 1. Two iMA formulas
In the image above, three indicators are added to one chart - each with its own formula. As you can see, the shape of the indicator lines is the same in all three cases - only the values of the lines are different.
Attachment download
📎 two_ima_formula.mq5 (24.01 KB)
Source: MQL5 #38978
Two iMA formulas - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Two iMA formulas - 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 only on titles or short-term profit descriptions.
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