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GD - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

GD - indicator for MetaTrader 5

Generalized DEMA moving average. Taking into account the effect of quadratic smoothing, double exponential smoothing is applied to the price.

The indicator has three input parameters:

GD = (1.0+volume factor) * EMA1 - volume factor * EMA2

EMA2 - EMA (EMA1, period) EMA1 - EMA (apply price, period)

GD - indicator for MetaTrader 5


Attachment download

📎 gd.mq5 (8.28 KB)

Source: MQL5 #21832

GD - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

GD - 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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