Time Averaged MA

[Apprentice]

If Period is set to 0, behaves like a classic moving average.
Otherwise "median", "typical", "weighted" will be calculated differently.

Example of "median"
Median= (max + min) / 2;
if Period is 0, max and min are the current period of high and low.
if Perid is 10, max and min are max and min of last 10 periods.

Time Averaged MA.lua

(3.85 KiB) Downloaded 898 times

[Apprentice]

The same logic applies to Time averaged Price.
As Time averaged Price is a source for Time averaged MA.

Time Averaged Price.lua

(2.82 KiB) Downloaded 836 times

[Alexander.Gettinger]

MQL4 version of Time Averaged price and MA: viewtopic.php?f=38&t=60046.

[oxbx99]

Hi Alexander.Gettinger ,

Can you make these indicator to work on Tick chart please.

Thanks

[Apprentice]

Unfortunately can not be applied to tick charts.

[Apprentice]

The indicator was revised and updated.