Technical Indicators for MetaTrader 5
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MetaTrader 5
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Overview
The Machine Learning Moving Average (MLMA) is a responsive moving average making use of the weighting function obtained Gaussian Process Regression method. Characteristic such as responsiveness and smoothness can be adjusted by the user from the settings.
The moving average also includes bands, used to highlight possible reversals.
? USAGE
Figure 2
The Machine Learning Moving Average smooths out noisy variations from the price, directly estimating the underlying trend in the price.Figure 3
The moving average color is determined according to the estimated trend direction based on the bands described below, shifting to blue (default) in an uptrend and fushia (default) in downtrends.
Figure 4
The upper and lower extremities represent the range within which price movements likely fluctuate.
Signals are generated when the price crosses above or below the band extremities, with turning points being highlighted by colored circles on the chart.? SETTINGS
- Length of MA
- Multiplicative Factor: Adjusts the upper and lower extremity bounds, with higher values widening the bands and lowering the amount of returned turning points.
- Notifications setting
