MA_Trend - MetaTrader 5 Script - MQL5 #23125 - MT4/MT5 Resources
The MA Trend Oscillator statistically compares the position of price relative to the MA sector, allowing the current market trend to be identified. The acquired data are displayed as colored histograms in a separate window.
It has five input parameters:
MA_Trend = Sum(S) / MA count
N - number of moving averages in the sector
MA - Moving Average (Apply Price, Period N, Method)
Period N = first MA period + step size * N
Attachment download
📎 ma_trend.mq5 (42.22 KB)
Source: MQL5 #23125
MA_Trend - MetaTrader 5 Script - MQL5 #23125 Usage and Filtering Advice
MA_Trend - MetaTrader 5 Script - MQL5 #23125 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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