MT5 / 030

Waterfall moving averages

Overview

Waterfall moving averages · MT5

Platform: MetaTrader 5 · Main chart

  • Calculation period: the number of bars used by the indicator.

1. Indicator in use

Waterfall moving averages · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Waterfall moving averages · 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
N1Default4How to useCalculation period: the number of bars used by the indicator.
N2Default6How to useCalculation period: the number of bars used by the indicator.
N3Default9How to useCalculation period: the number of bars used by the indicator.
N4Default13How to useCalculation period: the number of bars used by the indicator.
N5Default18How to useCalculation period: the number of bars used by the indicator.
N6Default24How to useCalculation period: the number of bars used by the indicator.

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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