Average rates

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Re: Average rates

Postby speakinmymind » Mon May 14, 2018 8:40 pm

Could you automate this process for me?

The Simple Arithmetic Mean is used four times:

1. Selected Pair (EUR/USD in this example)

2. (GBP is base in this example) Put GBP on left of quote and use both currencies in the selected pair. (Here it would be GBP/USD and GBP/EUR).

3. Recipricol of step 2. (Here it would be USD/GBP and EUR/GBP.

4. Add step 2 and 3 to create a midpoint. (Here it would be GBP/USD, GBP/EUR, USD/GBP, and EUR/GBP

The only thing the user should be able to change is the base currency. All JPY related quotes should have a 0.01 weight.

Thanks!
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Re: Average rates

Postby jusiur » Sat Jun 22, 2019 7:59 pm

Thank you for those indies, may I ask if it´s possible an MT4 version of Simple Arithmetic Mean please? really we have here a very valuable tool, good concept and good work.
Thanks again Apprentice & speakinmymind !!
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Re: Average rates

Postby Apprentice » Sun Jun 23, 2019 11:32 am

Your request is added to the development list under Id Number 4742
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Re: Average rates

Postby jusiur » Tue Jun 25, 2019 8:46 pm

Apprentice wrote:MT4/MQ4 version
viewtopic.php?f=38&t=68601

I appreciate your help, thank you
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Re: Average rates

Postby speakinmymind » Sun Jul 23, 2023 10:01 pm

Can you make a Simple Mean that will use indicator input?

I want to select (and customize data source) on two indicators and produce the mean in a line.

It would also help to be able to select which data stream for indicators that have more than one.

Thanks!
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Re: Average rates

Postby Apprentice » Tue Jul 25, 2023 5:24 am

We have added your request to the development list.
Development reference 639.
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