AL M A(Arnaud Legoux Moving Average)
Info
The AL M A(Arnaud Legoux Moving Average) is a Indicator for MetaTrader 5 that arnaud legoux & dimitris kouzis-loukasthis moving average uses curve of the normal (gauss) distribution which can be placed by offset parameter from 0 to 1. This parameter allows regulating the smoothness and high sensitivity of the Moving Average.
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 AL M A(Arnaud Legoux Moving Average)
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
Arnaud Legoux & Dimitris Kouzis-LoukasThis Moving Average uses curve of the Normal (Gauss) distribution which can be placed by Offset parameter from 0 to 1.
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: Smoother rainbow - another powerful indicator for MetaTrader 5 traders.
Arnaud Legoux & Dimitris Kouzis-Loukas
This Moving Average uses curve of the Normal (Gauss) distribution which can be placed by Offset parameter from 0 to 1. This parameter allows regulating the smoothness and high sensitivity of the Moving Average. Sigma is another parameter that is responsible for the shape of the curve coefficients. A more detailed description of the ALMA can be found at .
Also recommended: Fisher CG Oscillator HT F - similar indicator with strong performance on MetaTrader 5.
There is the possibility to highlight the trend direction in the indicator by color.Also a built-in algorithm of drawing the indicator for the high timeframes is used.
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You may also like: The Hilbert Oscillator Indicator - 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.