ADXVMA - MetaTrader 5 Script - MQL5 #20744 - MT4/MT5 Resources
ADXVMA is a new type of moving average.
It uses a modified ADX calculation to accommodate moving average calculations. The adaptation process is very efficient, filtering out a lot of noise in the market and producing smooth value over longer periods of time. This makes it useful for trend patterns and support/resistance use as well.
Attachment download
📎 adxvma.mq5 (12.62 KB)
Source: MQL5 #20744
ADXVMA - MetaTrader 5 Script - MQL5 #20744 Usage and Filtering Advice
ADXVMA - MetaTrader 5 Script - MQL5 #20744 is a resource related to trading scripts. 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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