AFI R M A
Info
The AFI R M A is a Indicator for MetaTrader 5 that gpwrafirma (autoregressive finite impulse response ma) based on the digital filter accurately shows the price movement, though with a time lag. based on the smooth function fitting (a polynom or sin/cos like in Fourier transform) has no lag but often shows the price movement not so well.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use AFI R M A
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.
What this tool does
gpwrAFIRMA (Autoregressive Finite Impulse Response MA) based on the digital filter accurately shows the price movement, though with a time lag.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Price Channel Indicator - another powerful indicator for MetaTrader 5 traders.
gpwr
AFIRMA (Autoregressive Finite Impulse Response MA) based on the digital filter accurately shows the price movement, though with a time lag.
Also recommended: Multi-Timeframe Moving Average Indicator (v03) - similar indicator with strong performance on MetaTrader 5.
based on the smooth function fitting (a polynom or sin/cos like in Fourier transform) has no lag but often shows the price movement not so well.The proposed moving average smooths out the price movement using the digital filter for all candlesticks, except the latest ones, the number of which is equal to the filter time lag. These candlesticks are smoothed by cubic spline fitting using least square method. The condition of combined moving average and its first derivative continuity is set at two moving averages crossing. As a result, we have the smooth moving average that accurately tracks the prices without a time lag.
Input parameters:
Periods - sets the low frequency filter transmission width equal to 1/(2*Periods);
Taps - number of delay units in the filter (must be an odd number), i.e. the filter must have Taps prices to form the new smoothed МА value;
Window - selects the filter approximation the following way:
Window=1 - rectangular window;
Window=2 - Hanning;
Window=3 - Hamming;
Window=4 - Blackman;
Window=5 - Blackman-Harris.
The first part of MA built using the digital filter is displayed by the blue-violet curve. The second part of MA built by cubic spline fitting is displayed by the red curve.
You may also like: Multi-Timeframe Relative Strength Index (MTF RSI) Indicator for MT4/MT5 - excellent alternative for indicator users on MetaTrader 5.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.