Simple Adviser EMA WMA RSI – EA MetaTrader 4

Simple Adviser EMA WMA RSI - expert for MetaTrader 4
Description: Expert Advisor is fairly simple and with a little practice it can be modified even people not familiar with the programming. An Expert Advisor opens the trade, based on the intersection of MA. Opening is filtered on the indicator RSI. If RSI> 50 – allowed only Buy If RSI <50 – allowed only SellVariables: … Read more

WMA – indicator MetaTrader 5

WMA - indicator for MetaTrader 5
The Wilder’s Smoothing Average (WMA) indicator. It has two input parameters: Period – calculation period; Applied price – price used for calculations. Calculations: WMA = (Applied price – PrevWMA) * k + PrevWMA where: k = 1/Period WMA – indicator MetaTrader 5