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MA Trend MT5 Indiator

The MA Trend indicator indicators statistically compares a price to the MAs fan. This allows you to identify the current market trends. In a separate window, the color histogram is displayed.

It accepts five input parameters.

  • The period of the first Moving average in the fan
  • Step- step to increase the period for moving averages further in the fan
  • MA number - The number of Moving Averages within the fan
  • Method- Method for Calculating Moving Averages
  • Applicable price- Moving Averages Calculation Price

Calculation

MA_Trend = Sum(S), / MA count

Where:

  • Close should be greater than the MA S(N = 1)
  • Close is less than the MA
    S(N), = -1

N - The number of the moving average in the fan

MA - MovingAverage(Applied price, PeriodN, Method)

PeriodN = First MA period + Step *N

Indicators - Download Instructions

MA Trend MT5 indicator is a Metatrader 5 indicator (MT5). Its purpose is to transform the accumulated historical data.

The MA Trend MT5 indicator allows you to spot patterns and peculiarities in price dynamics that are not visible to the naked eye.

This information allows traders to assume additional price movements and adjust their strategies accordingly. Click Here for MT5 Strategies

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How do you install MA Trend MT5Indicator.mq5 on your MetaTrader5 Chart?

  • Download MA Trend.mq5 Indicator.
  • Copy MA Trend.mq5 Indicator.mq5 into your Metatrader5 Directory / experts/ indicators
  • Metatrader 5 Client can be started or stopped
  • Choose Chart and Timeframe to test your mt5 indicators
  • You can search "Custom Indicators" using your Navigator, which is usually left in your Metatrader Client 5.
  • Right click MA Trend MT5 Indiator.mq5
  • Attach a chart
  • Change settings or click ok
  • Your Chart has the Indicator MA Trend.MT5 Indicator.mq4.

How do I remove MA Trend.MT5 Indicator.mq5 From My Metatrader 5 Chart.

  • Select the Chart in which the Indicator is running in your Metatrader Client 5.
  • Right-click to open the Chart
  • "Indicators list"
  • Select the indicator and click delete

Trend MT5 Indicator (Free download)




MA Trend MT5 Indiator

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