MT5 / 028

Multiple moving-average groups

Overview

Multiple moving-average groups · MT5

Platform: MetaTrader 5 · Main chart

  • Calculation period: the number of bars used by the indicator.
  • Smoothing: selects the averaging method.
  • Chart text: shows or hides indicator values and labels.

1. Indicator in use

Multiple moving-average groups · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Multiple moving-average groups · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
MA1 PerDefault5How to useCalculation period: the number of bars used by the indicator.
MA2 PerDefault10How to useCalculation period: the number of bars used by the indicator.
MA3 PerDefault20How to useCalculation period: the number of bars used by the indicator.
MA4 PerDefault60How to useCalculation period: the number of bars used by the indicator.
MA1 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.
MA2 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.
MA3 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.
MA4 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.
Hide chart textDefaultDisabledHow to useChart text: shows or hides indicator values and labels.
Parameter · Calculation periodDefaultDisabledHow to useCalculation period: the number of bars used by the indicator.
MA5 PerDefault120How to useCalculation period: the number of bars used by the indicator.
MA6 PerDefault250How to useCalculation period: the number of bars used by the indicator.
MA5 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.
MA6 Smoothing methodDefaultMODE_SMAHow to useSmoothing: selects the averaging method.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT5 · Indicators

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Indicator file delivery with installation and usage guidance.

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