Weighted Moving Average with a minimal lag using a damping cosine wave as the line of weight coefficients.
The indicator has two filters. They are static (in points) and dynamic (expressed as a decimal). They allow cutting the price noise giving a stepped shape to the Moving Average. Moreover, there is the possibility to highlight the trend direction by color.
Also a built-in algorithm of drawing the indicator for the high timeframes is used.
Trend Dashboard Indicator - indicator MetaTrader 5 Trend Dashboard Indicator MetaTrader 5 indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI…
