BatMA indicator: modified moving average

BatMA indicator is a modified standard Moving Average indicator.

BatMA indicator provides the ability to use both conventional averaging methods (SMA, SMMA, LWMA, EMA), and averaging by means of a second-order Butterworth filter. In radio engineering, a similar filter is used to separate frequency signals.

BatMA indicator settings

MA_Period - moving average period, a standard parameter;
MA_Shift - indicator line shift relative to the price chart, in bars;
MA_Method - moving average averaging method:

  • 0 - simple moving average (SMA),
  • 1 - exponential moving average (EMA),
  • 2 - smoothed moving average (SMMA),
  • 3 - Linear Weighted Moving Average (LWMA),
  • 4 - smoothing by the 2nd order Butterworth filter (BatMA).
 BatMA indicator
BatMA indicator

According to experts, BatMA indicator can be used as a trend indicator in existing trend-following strategies, replacing the standard Moving Average indicator and increasing the efficiency of these trading systems.

Download BatMA indicator

Other indicators based on moving average

Urdala_MA indicator
Urdala_MA indicator - moving average on timeframes
 EMMA indicator
EMMA indicator: an excellent replacement for the standard ZigZag
 FantailVMA indicator
FantailVMA indicator: alternative moving average for MT5

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