Average

Average Directional Movement Index (ADX) – indicator MetaTrader 5

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Average Directional Movement Index (ADX) - indicator for MetaTrader 5
Average Directional Movement Index technical indicator (ADX) helps to determine the market trend. It was developed and described in detail by Welles Wilder in his book “New concepts in technical trading systems”. The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI one and the … Read more

Average Directional Movement Index Wilder – indicator MetaTrader 5

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Average Directional Movement Index Wilder - indicator for MetaTrader 5
Average Directional Movement Index Wilder (ADX Wilder) helps to determine if there is a market trend. This technical indicator is constructed as a strict correspondence with the algorithm described by Welles Wilder in his book “New concepts in technical trading systems”. Trading rules of this indicator are described in the Average Directional Movement Index. Calculation: … Read more

Adaptive Moving Average (AMA) – indicator MetaTrader 5

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Adaptive Moving Average (AMA) - indicator for MetaTrader 5
Adaptive Moving Average (AMA) is used for constructing a moving average with low sensitivity to price series noises and is characterized by the minimal lag for trend detection. This indicator was developed and described by Perry Kaufman in his book “Smarter Trading”. One of disadvantages of different smoothing algorithms for price series is that accidental … Read more

Average True Range (ATR) – indicator MetaTrader 5

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Average True Range (ATR) - indicator for MetaTrader 5
Average True Range (ATR) is a technical indicator that shows market volatility. It was introduced by Welles Wilder in his book “New concepts in technical trading systems”. This indicator has been used as a component of numerous other indicators and trading systems ever since. Average True Range can often reach a high value at the … Read more

Moving Average of Oscillator (OsMA) – indicator MetaTrader 5

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Moving Average of Oscillator
Moving Average of Oscillator (OsMA) is the difference between the oscillator and oscillator smoothing. In this case, the base line of Moving Average Convergence/Divergence (MACD) is used as the oscillator, and the signal line is used as the smoothing. Moving Average of Oscillator Calculation: OSMA = MACD – SIGNAL Moving Average of Oscillator (OsMA) – … Read more

Fractal Adaptive Moving Average (FrAMA) – indicator MetaTrader 5

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Fractal Adaptive Moving Average Indicator
Fractal Adaptive Moving Average technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and … Read more

Double Exponential Moving Average (DEMA) – indicator MetaTrader 5

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Double Exponential Moving Average Indicator
Double Exponential Moving Average technical Indicator (DEMA) was developed by Patrick Mulloy and published in February 1994 in the “Technical Analysis of Stocks & Commodities” magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other … Read more

Triple Exponential Moving Average (TEMA) – indicator MetaTrader 5

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Triple Exponential Moving Average Indicator
Triple Exponential Moving Average (TEMA) technical indicator was developed by Patrick Mulloy and published in the “Technical Analysis of Stocks & Commodities” magazine. The principle of its calculation is similar to Double Exponential Moving Average (DEMA). The name “Triple Exponential Moving Average” does not very correctly reflect its algorithm. This is a unique blend of … Read more

Variable Index Dynamic Average (VIDYA) – indicator MetaTrader 5

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Variable Index Dynamic Average Indicator
Variable Index Dynamic Average (VIDYA) technical indicator was developed by Tushar Chande. It is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging. Period of averaging depends on the market volatility; as the measure of volatility Chande Momentum Oscillator (CMO) was chosen. This oscillator measures the ratio … Read more