MA_Lag_Reduce - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The MA Lag Reduction Indicator is an SMA with the ability to set a lag elimination factor.
The indicator has three input parameters:
MLR = ((MA / PrevMA) ^ RLFactor) * MA
Where:
MA - SMA (applied price, period)
* If the lag reduction factor is 0, the indicator repeats the Simple Moving Average using the same calculation parameters.
Figure 1. MA hysteresis reduction. Period 14, ratio 1.5
Figure 2. MA hysteresis reduction. Period 14, ratio 3.0 compared to SMA(14)
Figure 3. MA hysteresis reduction. Period 14, ratio 1.5 (compared to SMA(14))
Figure 4. MA hysteresis reduction. Period 14, compared to SMA(14), the ratio is 0.0
Attachment download
📎 ma_lag_reduce.mq5 (7.62 KB)
Source: MQL5 #21537
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