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mql5

  1. ADXVMA for MT5

    by , 03-19-2020 at 10:26 AM
    ADXVMA - indicator for MetaTrader 5

    Name:  ADX11.png
Views: 293
Size:  23.6 KB
    ADXVMA is one new sort of a Moving Average.

    It uses modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values. That makes it useful for trending mode and for support / resistance usage too.
  2. Step average (atr based for MT5

    by , 03-18-2020 at 10:19 AM
    Step average (atr based) - indicator for MetaTrader 5

    Name:  stepatr1.png
Views: 202
Size:  17.5 KB

    It is using percent of ATR (Average True Range) as a filter. It is done in order to fix one of the weak points of using fixed (pips) step size : different time frames tend to have different results for fixed step size (ie: higher time frames become almost without steps and lower time frames still have those steps for same setting). Percent of ATR usage fixes that and makes it a sort
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