ESM – indicator for MetaTrader 5

Indicator ESM (Elsig’s Shifting Mean) shows the averaged shift of price over the specified time interval (bars).

It has one input parameter:

  • Period – calculation period.
Get E-Book Worth $100 for Free!!!


ESM[i] = (Min + Max)/2


Min, Max are the lowest and the highest prices in the specified range.

0/5 (0 Reviews)
View daily trading signals