Mirror_MA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Mirror MA indicator has two mirror moving averages in separate chart windows, calculated based on the difference between two MAs with different calculated data, and a signal line calculated based on direct moving average data.
It has eight input parameters:
Direct=MA1-MA2, Reverse = MA2-MA1 Signal = MA(Direct, Signal Period, Signal Method)
Where:
MA1 = MA(first MA application price, first MA period, first MA method) MA2 = MA(second MA application price, second MA period, second MA method)
If the calculated data of the two MAs agree (which results in zero difference between the two MAs), a warning with an error message will be displayed and the indicator will exit until the user changes the parameters.
Attachment download
📎 mirror_ma.mq5 (14.31 KB)
Source: MQL5 #21731
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •