Avg_MA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The average value of the MA indicator calculates the average of a specified number of moving averages, the period of which is calculated as an increment of the underlying МА period
It has six input parameters:
Numerical calculation example:
First MA period = 5
Increment factor = 2
count = 5
MA - moving average (applied price, method) with calculation period
Attachment download
📎 avg_ma.mq5 (42.78 KB)
Source: MQL5 #22420
Avg_MA - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Avg_MA - 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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