Pentuple Exponential Moving Average – indicator MetaTrader 5

Fig. 1. The PEMA indicator
Real author: Bruno Pio A moving average with the five-fold EMA averaging, with a real period and the possibility to shift the indicator horizontally or vertically. The indicator uses the CMoving_Average class from the SmoothAlgorithms.mqh library. The class is described in detail in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers. … Read more