LWMA_MA - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
The LWMA/SMA Ratio Oscillator is a colored histogram that defines the difference between two moving averages (simple moving average and linear weighted moving average).
It has one input parameter:
DMA = (LWMA / SMA)-1.0
LWMA - linear weighted МА with periodic values
SMA - Simple moving average with period values
Attachment download
📎 lwma_ma.mq5 (8.7 KB)
Source: MQL5 #22799
LWMA_MA - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
LWMA_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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