DPO - MA modified - indicator for MetaTrader 4

DPO – MA modified – indicator MetaTrader 4

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MA modified DPO facilitate controlling all parameters of MA (MA period , MA mode , MA applied price) to change required MA curve to horizontal line and can easily used as support or resistance level


Calculation:

DPO = close – MA (mode, price, DPO_period)

Where :

  • DPO – DPO indicator value
  • close – close price of bar;
  • mode – applied method to calculate MA (SMA, EMA, SMMA, LWMA)
  • price – applied price to calculate MA
  • DPO_period – period applied to calculate MA.



DPO – MA modified – indicator for MetaTrader 4
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Alternative:  EMAPredictive3 - indicator MetaTrader 4

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