Know about this indicator

18AvgMA is an indicator designed to help traders identify potential market opportunities. The 18AvgMA indicator MT5 India uses the average price of a given instrument over the last 18 periods (120 minutes).

It works by calculating the difference between the current and previous period’s closing prices and then averaging that figure over all 18 periods.

As you can see in the screenshot below, this indicator is color-coded according to whether or not it indicates a buy or sell signal:

If you’re looking for an easy way to identify possible market opportunities, then the 18 Avg MA free MT5 indicator might be just what you’re looking for!

This Buy sell indicator MT5 has two input parameters:

• The period indicates the calculation period of each MA used in the calculation
• Applied price used for the calculation of each MA.