Time_Averged_Price - MetaTrader 5 Script - MT4/MT5 Resource
Time Average Price plots a line using values calculated from prices within a specified range.
It has two configurable parameters:
The calculation depends on the selected calculation price:
Min, Max - the lowest and highest price within the period range
Figure 1. Time average price, closing price
Figure 2. Time average price, high
Figure 3. Time average price, low
Figure 4. Time average price, median
Figure 5. Time average price, weighted
Attachment download
📎time_averaged_price.mq5 (9.46 KB)
Source: MQL5 #22512
Time_Averged_Price - MetaTrader 5 script usage and filtering suggestions
Time_Averged_Price - MetaTrader 5 script is a resource related to trading scripts. 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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