3rd

3rd Generation XMA – indicator MetaTrader 5

by
Fig.1 The 3rdGenXMA Indicator
Real Author: EarnForex 3rd Generation XMA is the 3rd generation moving average. This is an advanced version of the standard moving average indicator (МА) that follows a fairly simple procedure to reduce the time lag based on the increase in the moving average period. The method was first described by Dr. Manfred Dürschner in his … Read more

3rd Generation Moving Average – indicator MetaTrader 5

by
Fig.1 The 3rd Generation Moving Average indicator
The real author: EarnForex The Moving Average which uses quite a simple procedure on decreasing temporal lag based on the increase of the Moving Average period. The method was firstly described by Manfred G. Dürschner in his article Gleitende Durchschnitte 3.0 (in German). 3rd Generation Moving Average demonstrates the lowest lag level in comparison with … Read more

3rd Generation Moving Average – indicator MetaTrader 4

by
3rd Generation Moving Average - indicator for MetaTrader 4
The advanced version of the standard Moving Average indicator, which uses quite a simple procedure on decreasing temporal lag based on the increase of the Moving Average period. The method was firstly described by Manfred G. Dürschner in his article Gleitende Durchschnitte 3.0 (in German). The presented implementation uses λ = 2, which provides the … Read more

Calculation of the 3-rd Elliott wave – script MetaTrader 4

by
Calculation of the 3-rd Elliott wave - script for MetaTrader 4
Presented is the script for the calculation of the third Elliott wave based on the algorithm suggested by Bill Williams in his book “Trading Chaos”. (Comment to the figure 7-15 in this book) This script uses the standard OBJ_EXPANSION object (Fibonacci extension) In order to start the calculation it is necessary to move first coordinate … Read more