Fig.1. The difference in absolute values

MA_Difference – indicator MetaTrader 5

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The MA_Difference trend indicator displays the absolute difference between:

  1. the price and the MA1
  2. the price and the MA2
  3. MA1 and MA2

The indicator has nine input parameters:

  • MA1 period – MA1 calculation period;
  • MA1 method – MA1 calculation method;
  • MA2 period – MA2 calculation period;
  • MA2 method – MA2 calculation method;
  • Applied price – price used for the calculation of two MAs;
  • Absolute difference – display the difference as an absolute value (Yes/No);
  • Show difference MA1/MA2 – whether to display the Difference line (Yes/No);
  • Show MA1 – whether to display the MA1 line (Yes/No);
  • Show MA2 – whether to display the MA2 line (Yes/No).
Indicator values can be interpreted similar to the standard ADX: high values of MA1 and MA2 point to the presence of a trend, low values indicate consolidation. The Difference line can be used as a threshold for determining high values of MA1 and MA2.
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Fig.1. The difference in absolute values

Fig.1. The difference in absolute values

Fig.2. The difference in relative values

Fig.2. The difference in relative values


MA_Difference – indicator MetaTrader 5
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