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The moving average that divides the prices for classes. The classes with extreme price get bigger weight (importance) (different from WMA). It should show the state of bought / sold out of market. It Show Trend.
Green line is up-trend.
Red is down-trend
Blue is no trend.
How to install GruchaAverage Trend Line – indicator for MetaTrader 4.mq4?
Download GruchaAverage Trend Line – indicator for MetaTrader 4.mq4
Copy GruchaAverage Trend Line – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your MT4 indicators
Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
Right click on GruchaAverage Trend Line – indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator GruchaAverage Trend Line – indicator for MetaTrader 4.mq4 is available on your Chart
How to remove GruchaAverage Trend Line – indicator for MetaTrader 4.mq4 from your Metatrader Chart?
Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
"Indicators list"
Select the Indicator and delete
Click here below to download: