Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | FanMA2

Fan Moving Averages with Average line is a moving average fan in the form of an oscillator in a separate window with the average line.
Oscillator values oscillate with the +1/-1 range

It has eight adjustable parameters:

  • First MA period - first MA calculation period
  • MA method - calculation method
  • Applied price
  • MA count - number of MAs in the fan
  • Incremental method - method of incrementing MA period values:
    • Addition
    • Multiplication
  • Coefficient of increment - increment ratio
  • Smoothing period - middle line smoothing period
  • Smoothing method - middle line calculation method

MetaTrader Experts, Indicators, Scripts and Libraries


22503