Real author: Stanislav Bulashev

Exponential moving average with a variable smoothing factor.

//+-----------------------------------+  //|   INDICATOR INPUT PARAMETERS      |  //+-----------------------------------+  input double Wmin=0;                      // minimum sensitivity    input double Wmax=5;                      // maximum sensitivity  input double Efactor=1.01;                // factor E (change the value near one for the tenth and hundredth shares)   input double Afactor=1.001;               // degree A (change the value near one for the tenth and hundredth shares)                     input Applied_price_ IPC=PRICE_CLOSE_;    // price constant  input int Shift=0;                        // horizontal shift of the indicator in bars  input int PriceShift=0;                   // vertical shift of the indicator in points  //+-----------------------------------+  

This indicator is compiled as both an MQL5 indicator and an MQL4 indicator, for which the extension of the indicator code should be changed for mq4, place the code in <terminal_data_directory MetaTrader4>\MQL4\Indicators, and compile it using the relevant code editor.

Fig.1. Indicator EMAVFS