Dsl

DSL synthetic ema momentum – indicator MetaTrader 5

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DSL synthetic ema momentum - indicator for MetaTrader 5
Background : The idea was found on one of the forums (used on another trading platform). But since the indicator was highly adjusted to one single instrument, this version is changed in almost everything except the basic idea : the basic idea is to calculate “momentum” of 5 averages and combine them into one single … Read more

DSL synthetic super smoother momentum – indicator MetaTrader 5

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DSL synthetic super smoother momentum - indicator for MetaTrader 5
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 … Read more

DSL QQE histo – indicator MetaTrader 5

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DSL QQE histo - indicator for MetaTrader 5
Basics: The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow). This version: Compared to the original QQE indicator, this version is adding: Discontinued signal line levels (to help further estimate the trend). Color changing histogram (based on those levels). This way … Read more

DSL Chande momentum oscillator – smoothed – indicator MetaTrader 5

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DSL Chande momentum oscillator - smoothed - indicator for MetaTrader 5
Basics: The Chande Momentum Oscillator is a technical momentum indicator invented by Tushar Chande. Chande introduced the indicator in his 1994 book “The New Technical Trader”. It is created by calculating the difference between the sum of all recent gains and the sum of all recent losses and then dividing the result by the sum … Read more

Chande’s DMI – std adaptive with dsl signal lines – indicator MetaTrader 5

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Chande's DMI - std adaptive with dsl signal lines - indicator for MetaTrader 5
Theory : Original definition of the Tushar Chande’s and Stanley Kroll’s DMI is the following : The dynamic momentum index is used in technical analysis to determine if a security is overbought or oversold. This indicator, developed by Tushar Chande and Stanley Kroll, is very similar to the relative strength index (RSI). The main difference … Read more

Dsl CCI of averages – indicator MetaTrader 5

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Dsl CCI of averages - indicator for MetaTrader 5
This is a continuation of a series of indicators that might benefit from discontinued signal line calculating mode This is the CCI that can (and by default it does) use average of price instead of “raw” price to avoid some false signals. Adding dsl as signal lines might add some more false signals filtering. Usual … Read more