This is a simple test tool.
U can use it for compare different moving averages.
It has two primary functions.
To Generate sinusoidal test signal.
And to plott a moving average of such sources.
Indicator will provides two pieces of information.
Dampening on the Y axis, as % from Source amplitude.
Lag time on X axis, as % from Source Period .
Both values should be as close as possible to zero.
I am especially proud of the moving average from my workshop.
Bollinger Band Percentage Oscillator Averege
viewtopic.php?f=17&t=1373&p=55865&hilit=Bollinger#p55865
Centred moving average
viewtopic.php?f=17&t=24476
Furthermore, I encourage you to continue to develop this tool, in order to have more complex functionalitys.
MACT.lua- (6.01 KiB) Downloaded 536 times
The indicator was revised and updated
