ColorJ2JMAStDev – indicator MetaTrader 5

Fig.1. The ColorJ2JMAStDev indicator
The ColorJ2JMA with additional trend strength indication using colored dots based on the standard deviation algorithm. If the standard deviation of the ColorJ2JMA indicator is between the dK1 and dK2 parameter values, then a small colored dot appears on the moving average. Its color corresponds to the current trend direction. input double dK1=1.5;  // Square-law filter … Read more