MA Trend trend oscillator displays a trend based on the analysis of a specified set of moving averages with calculated periods within the specified range.
There are five inputs:
Period begin – MA initial calculation period
Period step – МА calculation period increment step
Count – number of calculated МАs
Method – МА calculation method
Applied price – МА calculation price
Calculation:
MATrend = Sum(S) / Count
where:
If Applied price > MA
S = 1
If Applied price < MA
S = -1
MA – MovingAverage(Applied price,Period begin+Period step,Method)
Fig. 1. MA_Trend with the default parameters: Period begin=10, Period step=10, Count=50
Fig. 2. MA_Trend with the parameters: Period begin=5, Period step=2, Count=50
MA_Trend - indicator MetaTrader 5 The MA Trend oscillator indicator statistically compares the position of a price relative to the MAs fan, which allows to…
