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smma - Indicator for MetaTrader 4

smma
TypeIndicators PlatformMT4 Version10 Date created 1 July 2015 Date updated27 July 2017
Formatmq4 Size3Kb Downloads341 Rating
3.81 of 5
based on 16 rates

A script that simultaneously displays two types of moving averages on the chart - EMA and SMMA. It is particularly developed to show how insignificant differences in the indications of these types of MA are. This script does not represent any value for trade.

The blue line corresponds to EMA, and the red line corresponds to SMMA. As you can see, the lines quickly merge into one, and the discrepancy in the initial sections of the chart is justified only by different periods of initialization of the two MA.

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