SHL_MA_Band - indicator for MetaTrader 5

SHL_MA_Band – indicator MetaTrader 5

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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.


SHL_MA_Band – indicator MetaTrader 5
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