Free Download Forex Ultimate Moving Average Indicator For Mt4
Moving Average based on Ultimate Oscillator (I modified Ultimate Oscillator’s code). It calculates weighted average of three moving averages (Simple, Exponential, Smoothed or Linear Weighted). Highly adjustable, 3 periods and weight of each period.
IMHO it follows trend better than single moving average, it can also be used as Entry/Exit signal when crossing a bar or stop-loss level.
Very good alternative to SMA or EMA for those who don’t like clutter. E.g. use one Ultimate MA instead of two/three SMAs (or EMAs).
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