YGMA – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • Arithmetic and geometric moving averages in a single window, calculated using (Open + Close + High + Low)/4 prices.

    The indicator settings:

    • YMA_Period — period for calculation of the arithmetic moving average.
    • GMA_Period — period for calculation of the geometric moving average.

    EURUSD chart, M15, 2016.10.10 18:56 UTC, MetaQuotes Software Corp., MetaTrader 5, Demo

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  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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