Double smoothed EMA – multi time frame version – indicator MetaTrader 5

Theory :

Detailed description of the double smoothed EMA was posted here : Double Smoothed EMA. This version is upgrading that code and isΒ  adding multi time frame options. Multi time frames are having, apart from all the standard multi time frames that can be used in metatrader 5, 3 additional “time frames” :

  • first higher time frame (first time frame higher than the current chart time frame)
  • second higher time frame (second time frame higher than the current chart time frame)
  • third higher time frame (third time frame higher than the current chart time frame)

Usage :

You can use color changes as signals


πŸ“ˆ ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks