3rd-Generation-Moving-Average - MT4/MT5 Resources

3rd-Generation-Moving-Average The third generation moving average - an improved attempt on the classic EMA. > 3rd generation moving average - an attempt at improvement of the classic EMA. ### Project Information - Programming Language: MQL5 - Star: 14 - Fork: 1 - License: Apache License 2.0 - Update Time: 2025-10-04T22:46:52Z ### Detailed Introduction# Third Generation Moving Average The third generation moving average is an indicator for MT4 and MT5 from EarnForex.com. It is an improved attempt at the classic exponential moving average indicator. It implements M. Duerschner's method and significantly reduces time delays. The indicator is displayed similar to a traditional moving average - in the main window of the chart. Like any other type of moving average, it can be used in fast/slow MA crossover analysis. A detailed description of the indicator can be found here: Any contributions to the code are welcome! ### File download - 3rdGenMA.mq4 - 3rdGenMA.mq5 ### Source codeView GitHub repository