The trend indicator, used by the Hammering EA from the Market section.
Input Parameters:
- period = 32 β The indicator period for the subsequent moving average calculations.
- FilterNumber = 2 β Applied filter size.
- ma_method = 3 β Averaging method. Can be any of the Moving Average method values: 0 β SMA (Simple Moving Average), 1 β EMA (Exponential Moving Average), 2 β SMMA (SmoothedΒ Moving Average), 3 β LWMA (Linear-weighted Moving Average).
- applied_price = 0 β Used price. Can be any of price constants: 0 β CLOSE, 1 β OPEN, 2 β HIGH, 3 β LOW, 4 β MEDIAN ((high+low)/2), 5 β TYPICAL ((high+low+close)/3), 6 β WEIGHTED ((high+low+close+close)/4).