Rma

RMA – indicator MetaTrader 5

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RMA - indicator for MetaTrader 5
Theory : Found the formula on another forum that calls this type of calculation “rma”. Frankly I do not know what does the “rma” come from, but decided to experiment a bit. Now the original formula is : rma = sma(price,period*3) + sma (price,period*2) – sma(price,period) The results are logical except for one thing : … Read more

RMA – multi time frame – indicator MetaTrader 5

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RMA - multi time frame - indicator for MetaTrader 5
Theory : The original of this indicator (with more explanation what and how it does) was published here : RMA. In this version : multi time frame support added. apart from the standard time frames supported by the metatrader 5, you have 3 “special” time frames : next higher time frame (first time frame higher … Read more

Rma MACD – indicator MetaTrader 5

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Rma MACD - indicator for MetaTrader 5
This MACD is using what is known as rma average for MACD calculation. Taking into consideration that rma is a variation if the sma, the macd values produced are almost surprisingly “fast” compared to the regular ema version. It also has some interesting properties when it comes to periods following the very volatile periods. In … Read more