All Averages
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use All Averages
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
Available formulas (MA_Method)
SMA Simple Moving Average
EMA Exponential Moving Average
Wilder Wilder Exponential Moving Average
LWMA Linear Weighted Moving Average
SineWMA Sine Weighted Moving Average
TriMA Triangular Moving Average
LSMA Least Square Moving Average (or EPMA, Linear Regression Line)
SMMA Smoothed Moving Average
HMA Hull Moving Average by A.Hull
ZeroLagEMA Zero-Lag Exponential Moving Average
DEMA Double Exponential Moving Average by P.Mulloy
ITrend Instantaneous Trendline by J.Ehlers
Median Moving Median
GeoMean Geometric Mean
REMA Regularized EMA by C.Satchwell
ILRS Integral of Linear Regression Slope
IE_2 Combination of LSMA and ILRS
TriMAgen Triangular Moving Average generalized by J.Ehlers
VWMA Volume Weighted Moving Average
JSmooth M.Jurik's Smoothing
SMA_eq Simplified SMA
ALMA Arnaud Legoux Moving Average
TEMA Triple Exponential Moving Average by P.Mulloy
Laguerre Laguerre filter by J.Ehlers
MD McGinley Dynamic
BF2P Two-pole modified Butterworth filter by J.Ehlers
BF3P Three-pole modified Butterworth filter by J.Ehlers
SuperSmu SuperSmoother by J.Ehlers
Decycler Simple Decycler by J.Ehlers
eVWMA Modified eVWMA
EWMA Exponential Weighted Moving Average
DsEMA Double Smoothed EMA
TsEMA Triple Smoothed EMA
VEMA Volume-weighted Exponential Moving Average(V-EMA)
The choice of prices used to build moving averages:
close Close
open Open
high High
low Low
median Median
typical Typical
weightedClose Weighted Close
medianBody Median Body (Open+Close)/2
average Average (High+Low+Open+Close)/4
trendBiased Trend Biased
trendBiasedExt Trend Biased(extreme)
haClose Heiken Ashi Close
haOpen Heiken Ashi Open
haHigh Heiken Ashi High
haLow Heiken Ashi Low
haMedian Heiken Ashi Median
haTypical Heiken Ashi Typical
haWeighted Heiken Ashi Weighted Close
haMedianBody Heiken Ashi Median Body
haAverage Heiken Ashi Average
haTrendBiased Heiken Ashi Trend Biased
haTrendBiasedExt Heiken Ashi Trend Biased(extreme) TimeFrame = 0 Selecting the timeframePrice = 0 Choice of prices usedMA_Period = 14 Averaging period of the moving averageMA_Shift = 0 Shift the moving average by a specified number of periods MA_Method = SMA Choice of moving average formulaShowInColor = true Show/hide color rendering, up-trend color selection, down-trend color selection Number of bars counted = 0 Plotted on the chart for a specified number of candles (bars), "0" - all bars are involved in the construction
