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MetaTrader 5 Indicator | ButtMA

Indicator Butterworth Moving Average - a moving average with smoothing using Butterworth filter.

It has two configurable parameters:

  • Period - calculation period
  • Applied price - calculation price

Calculations:

ButtMA = p1 * Price + p2 * PrevButtMA - p3 * PrePrevButtMA

where:

Price = SMA(Applied price, 1)

p1 = 2 / (1+Period) p2 = 2 * (1-Kf) p3 = (1-Kf) * (1-Kf) Kf = Sqrt(p1)

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