MetaTrader 5 MT5 Indicators ButtMA – indicator MetaTrader 5

ButtMA – indicator MetaTrader 5

Indicator Butterworth Moving Average – a moving average with smoothing using Butterworth filter.

It has two configurable parameters:

  • Period – calculation period
  • Applied price – calculation price

Calculations:

ButtMA = p1 * Price + p2 * PrevButtMA - p3 * PrePrevButtMA

where:

Price = SMA(Applied price, 1)

p1 = 2 / (1+Period) p2 = 2 * (1-Kf) p3 = (1-Kf) * (1-Kf) Kf = Sqrt(p1)


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