LRMA – indicator MetaTrader 5

LRMA (linear regression moving average)
This indicator is calculated the following way: LRMA[bar] = 3.0 * LWMA(Price[bar]) – 2.0 * SMA(Price[bar]) where: LWMA() – linearly weighted smoothing; SMA() – simple smoothing; PRICE[] – price series value; bar – current bar index. This indicator clearly shows market trends dividing a price chart into two sectors.  If a price is above the … Read more

LRMA – indicator MetaTrader 5

LRMA - indicator for MetaTrader 5
Indicator Linear Regression Moving Average represents the linear-regression moving average. It has one input parameter: Period – calculation period Calculations: LRMA = 3.0 * LWMA – 2.0 * SMA where: LWMA – Linear Weighted Moving Average(Close, Period) SMA – Simple Moving Average(Close, Period) https://www.mql5.com/ru/code/23415 LRMA – indicator MetaTrader 5