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azzx_davr_1_0 - Indicator for MetaTrader 4

azzx_davr_1_0
TypeIndicators PlatformMT4 Version10 Date created19 March 2016 Date updated18 August 2017
Formatmq4 Size2.1Kb Downloads448 Rating
3 of 5
based on 92 rates

Conducting technical analysis using short-period moving averages, all traders face the following problem. Any trader wants his robot to be faster or slower at some point of time. This indicator is aimed to solve this problem.

The idea of the program is very simple: no one can predict which moving average will best display the current volatility of the asset price. However, we can assume it is not very different from the “ideal” values. Thus, the average values of a group of closely spaced moving averages are calculated. In common, the result is close to the simple moving average, but it is more average and keeps pace with the current trend.

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