LSMA - MetaTrader 5 Script - MQL5 #20422 - MT4/MT5 Resources
Moving average calculated by least squares method.
This indicator has two input parameters:
Sum[i] = (Period-N)*Price[i] + (Period-N-1)*Price[i-1] + … + (1-N)*Price[i-Period+1], N = (Period + 1)/3, L2 = period*(period+1)/6
Attachment download
📎lsma.mq5 (7.56 KB)
Source: MQL5 #20422
LSMA - MetaTrader 5 Script - MQL5 #20422 Usage and Filtering Advice
LSMA - MetaTrader 5 Script - MQL5 #20422 is a resource related to foreign exchange indicators. 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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