This is a moving average which can move not only to the right/left, but also up/down.
You can also select a mode of displaying the indicator (as a line or as dots) and all other settings of a standard moving average.
If you overlay several indicators in one window, you can clearlier determine price channels setting each border individually.
Settings
- Line_or_Dot – mode of displaying the indicator: true – as a line, false – as dots;
- MA_period – moving average period;
- MA_shift_X – number of candles to shift the indicator along the X axis (+1,2,3.. – right, -1,2,3.. – left);
- MA_shift_Y – number of points to shift the indicator along the Y axis (+1,2,3.. – up, -1,2,3.. – down);
- MA_metod – moving average calculation method (all standard methods built in MetaTrader);
- MA_price – prices to calculate moving average (all standard prices built in MetaTrader).
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