Coral – indicator MetaTrader 5
Coral indicator is a colored moving average. It has two configurable parameters: Coefficient – smoothing ratio (*) Applied price Calculation: Coral = (-0.064) * B6 + 0.672 * B5 – 2.352 * B4 + 2.744 * B3 where: B6 = Coefficient * B5 + coeff2 * PrevB6 B5 = Coefficient * B4 + coeff2 * … Read more