earnforex / 3rd-generation-moving-average

3rd generation moving average - an attempt at improvement of the classic EMA.

3rd Generation Moving Average

3rd generation moving average is an indicator for MT4 and MT5 by EarnForex.com. It is an attempt to improve of the classic exponential moving average indicator.

It implements M. Duerschner's method and reduces time lag significantly.

The indicator displays similarly to traditional moving averages - in the main window of the chart.

It can be used for fast/slow MA crossover analysis like any other type of moving average.

A detailed description of the indicator can be found here: https://www.earnforex.com/metatrader-indicators/3rd-Generation-Moving-Average/

Any contributions to the code are welcome!