StepMVA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Moving average with step indicator.
It has two input parameters:
The calculation is similar to a simple moving average. But depending on the step size, some prices are excluded from the calculation.
If the parameters are set to Period = 4 and Step = 2, the calculation is as follows:
StepMA = (Closing[i] + Closing[i+2] + Closing[i+4] + Closing[i+6]) / 4.0
If Step = 1, the indicator is the same as the Simple Moving Average.
Moving average with steps. period = 4, step = 2
Attachment download
📎 stepmva.mq5 (6.38 KB)
Source: MQL5 #22947
StepMVA - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
StepMVA - 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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