NavelEMA

The real author: Bookkeeper The classic EMA with the linear combination of price timeseries. The formula for the calculation: NavelEMA = EMA( ( close*5 + open*2 + high + low ) / 9 ) This indicator was first implemented in MQL4 and published in Code Base on 05.02.2009. The indicator uses SmoothAlgorithms.mqh library classes (must … Read more