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 | SHL MA Band

The indicator is a variation of Bollinger Bands and Envelopes, based on two smoothed moving averages calculated by the Linear Regression method (LSMA Linear regression MA).

This is a version of the HL_MA_Band indicator with an additional smoothing.

It has two parameters:

  • Period - LSMA calculation period;
  • Method - LSMA smoothing method.

MetaTrader Experts, Indicators, Scripts and Libraries

20263

Best MetaTrader Indicators + Profitable Expert Advisors