Bias Scaled MA Levels - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources

Developing a self-adjustment level is a way of "choosing" to do a full value calculation or just "inherit" a previously calculated value in certain situations. This means that the base method must have a calculation method suitable for "inheritance". In general, not all calculation methods are suitable for this. The bias-scaled moving average, a (less well-known) descendant of ema, is suitable

We use the bias scaled moving average and add self-adjusting levels. This adds a level of dynamics that can help us filter out some signals and add "significant levels" to other things that simply wouldn't be possible at those levels. All (main values ​​as well as levels) are calculated as Bias Scaled MA, therefore, this is a mature Bias Scaled MA indicator

You can use color changes as signals

Attachment download

📎 deviation_scaled_ma_mlvlj.mq5 (14.2 KB)

Source: MQL5 #23439