Technical Indicators for MetaTrader 5

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MetaTrader 5

MT5 Experts MT5 Indicators MT5 Libraries MT5 Utilities

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Information

Indicators
MetaTrader 5
Leonid Basis
1.9
5

Overview

A moving average is commonly used with time series data to smooth out short-term fluctuations and determine longer-term trends. The proposed indicator has an ability to increasing a smooth-effect.

This indicator could play an important role in determining support and resistance.

An input parameter nPeriod determines number of Bars for Moving AboveAverage calculation.

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