Bias Scaled MA - Extension - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
The original article on Bias Scaling MA was originally posted here: Bias Scaling MA has some more explanation. This original version uses what Ehlers calls a "filter", which is simply the difference between the closing price and the closing price 2 bars ago. It doesn't matter - as long as you use the closing price... or as long as you use it to smooth the price...
It corrects the use of filters and makes it possible to apply a bias-scaled MA to any value (be it price or otherwise)
Can now be used as any other average
Attachment download
📎 deviation_scaled_ma_iextendedz.mq5 (12.52 KB)
Source: MQL5 #23370
Deviation Scaling MA - Extension - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Deviation Scaling MA - Extension - 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •