stemplar Posted April 23, 2010 Report Posted April 23, 2010 http://img443.imageshack.us/img443/9416/picture36l.png This indicator draws a horizontal orange line which shows the average price of all opened positions without spreads in a symbol. http://r@[email protected]/files/379168200/average_price.mq4 t2g 1 Quote
learnnew05 Posted April 23, 2010 Report Posted April 23, 2010 Just Curious... Averages change. So how can a straight line fit the average, it should be curvy or zig-zag right. So my guess its it re-calculates the average after every bar and moves the entire line accordingly. So we should not consider that as repainting. Quote
stemplar Posted April 23, 2010 Author Report Posted April 23, 2010 No, no its misunderstanding. This indicator calculates the average prices all of your opened positions not the candle bars. I think very usable for example if you follow the trend, you open a small positions everytime when a countertrend breaks and you see allways the averages of you positions and you may set your stop loss to your average price easily. learnnew05 1 Quote
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