Corrected Average (CA) – indicator MetaTrader 5

Corrected Average
Corrected Average indicator by A.Uhl (also known as the “Optimal Moving Average”). The strengths of the Corrected Average (CA) is that the current value of time series must exceed the current volatility-dependent threshold, so that the filter increases or falls, avoiding false signals if trend is in weak phase. – by Prof. A.Uhl –   … Read more

Corrected RSI – indicator MetaTrader 5

Corrected RSI - indicator for MetaTrader 5
RSI that is attempting to determine the periods of flat and trending periods. Regular RSI value is also displayed (in order to help to determine a trend) but the main value is the “corrected” value. Usage should be simple: possible trend change on a color change. For “trend traders” possible usage of longer periods is … Read more

Corrected T3 – EMA deviations – indicator MetaTrader 5

Corrected T3 - EMA deviations - indicator for MetaTrader 5
Origin of correcting algorithm  : Dr. Alexander Uhl invented a method that he used to filter the moving average and to check for signals. Originally it uses standard deviation as a measure to correct the averages values. This indicator : This indicator is using the modified “correcting” method. Instead of using standard deviation for calculation, … Read more

Corrected super smoother – indicator MetaTrader 5

Corrected super smoother - indicator for MetaTrader 5
Origin of correcting algorithm  : Dr. Alexander Uhl invented a method that he used to filter the moving average and to check for signals. Originally it was used at simple moving average This indicator : This indicator is using the modified “correcting” method. Instead of using standard deviation for calculation, it is using EMA deviation … Read more

Corrected generalized DEMA – indicator MetaTrader 5

Corrected generalized DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages.”. The … Read more

Corrected generalized double DEMA – indicator MetaTrader 5

Corrected generalized double DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages.”. The … Read more

Corrected volume weighted moving average – indicator MetaTrader 5

Corrected volume weighted moving average - indicator for MetaTrader 5
Theory: Volume weighted moving average is similar to some other weighted averages, except that it is using the  volumes for weighting the prices. That way the price when the volume (tick volume or real volume) is high is more emphasized than the price where the volume is low This version: Chose the volume type which … Read more