Sharp Modified MA - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
It can be used as any other moving average
Must know - Although the math for "Sharpe Modified Moving Average" is a little different than the linear regression value calculation, the values are the same. So, this is actually another way to calculate linear regression values. Posted here to avoid some of the confusion caused by the "new" moving averages
Attachment download
📎 sharp_modified_ma.mq5 (8.82 KB)
Source: MQL5 #24381
Sharp Modified MA - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Sharp Modified MA - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script 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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