DSL synthetic super smoother momentum – indicator MetaTrader 5
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Background :
This is a variation of DSL synthetic ema momentum indicator (originally published here : DSL syntetic ema momentum)
This version :
Instead of using EMA for momentum and DSL (Discontinued Signal Line) calculation, super smoother is used for both. That way it is a bit “faster” (since super smoother is reacting to market price changes faster than ema) and smoother (for obvious reasons)
Usage :
You can use the color changes for entry or re-entry signals
Super smoother - indicator MetaTrader 5 Definition : John Ehlers’ “Super Smoother”, a 2-pole Butterworth filter combined with a 2-bar SMA that suppresses the Nyquist frequency…
