3rd Generation Moving Average (Least possible lag)

[Numa]

Hi,

I just stumpled upon an interesting recent scientific publication of Dr. M. Dürschner (2011) and think this may be of interest for many traders. Dürschner presented a novel type of Moving average: the 3rd Generation Moving Average. His work gave a mathematical prove that 3rd. Generation MAs have the least theoretically possible lag and demonstrated it using a toy expert advisor system (which had quite impression results by the way).

For interested ones, the 3rd Generation Moving Average can downloaded for free now.

Google for "3rd Generation Moving Averages" :-)

At the web page from scientific-trading you can also find the theoretical paper which was awarded by the German representation of the IFTA (International Federation of technical Analysts).

With Best Regards
Numa

[Enivid]

Thanks for sharing the info, it looks very interesting. But I'm not very fond of the indicators that run using DLLs - they may contain potential PC security threats. I'll try to read Durschner's work and share the .mq4 if no one does that before me.

[Enivid]

Got the .mq4 files ready. The actual 3rd Generation Moving Average formula is quite simple. The problem for me was that the document was in German. Now you can download the source code of the indicator and also the expert advisor (derived from Adjustable MA) that can be used to test the new moving average.

To me, it looks not much better than the old MAs. Although the lag is significantly lower, it's still present and trading using these non-lag moving averages is still complicated.

You can download the MetaTrader 4 (MQL4) codes of the 3rd Generation Moving Average indicator and the 3rd Generation Moving Average Expert Advisor here. Please let me know if you find some bugs:

[ForexNewbie51]

I'd like to say "Thanks Enivid" for sharing the 3rdGen MA indicator. It is quantum improvement on the traditional ones. I have worked out equivalency settings to replicate my preferred MA set values and these are _so_ much more responsive.

[Enivid]

You are welcome! I am glad it has helped you.

[lopezoscari]

I downloaded the attached indicator for the scientific trading page. In the indicator you coded for 3rd Gen MA what is the sampling period? What is their difference? Why your applied price is typical instead of weighted? Thanks

[Enivid]

There's a flaw in the my previous version of 3gMA. Please use the updated version attached here instead:

[Enivid]

Discuss 3rd Generation Moving Average MetaTrader indicator in this thread. You can ask any questions about this indicator here.

[saifx]

Hi Enivid,

One short question,

What is the S_Period_1 & 2 means in the Adjustable_MA_3G?

thanks

[Enivid]

It's sampling period of the 3gMA, but it's buggy. I am currently working on a better version of the Adustable_MA_3G EA, which will work correctly.