filtered

Filtered price – indicator MetaTrader 5

by
Filtered price - indicator for MetaTrader 5
Theory: In technical analysis we can state that all is about filtering. Filtering the “insignificant”, filtering the “false”, and so on … almost all tools are designed to “filter” out something. Here is one indicator that is filtering the source of it : the prices. It is using a sort of “deviation”* for it. But, … Read more

Filtered averages – indicator MetaTrader 5

by
Filtered averages - indicator for MetaTrader 5
Theory: The indicator that is using self adjusting filter (published and described here : Filtered Price ) but applied to one of the 4 types of averages : simple moving average (SMA) exponential moving average (EMA) smoothed moving average (SMMA) linear weighted moving average (LWMA) Filter size is the “size” of self adjusted deviations and … Read more

Stochastic of filtered price – indicator MetaTrader 5

by
Stochastic of filtered price - indicator for MetaTrader 5
Theory: In technical analysis, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price … Read more

CCI – double smoothed Wilder’s EMA filtered – indicator MetaTrader 5

by
CCI - double smoothed Wilder's EMA filtered - indicator for MetaTrader 5
Theory : This CCI (Commodities Channel Index) indicator deviates from “regular” CCI in two main points : it is using standard deviations for calculations (instead of using mean absolute deviation) it is allowing us to use double smoothed Wilder’s EMA for price filtering (and that way it filters out some false signals) Usage : You … Read more

CCI – double smoothed Wilder’s EMA filtered with floating levels – indicator MetaTrader 5

by
CCI - double smoothed Wilder's EMA filtered with floating levels - indicator for MetaTrader 5
Theory : This CCI (Commodities Channel Index) indicator deviates from “regular” CCI in two main points : it is using standard deviations for calculations (instead of using mean absolute deviation) it is allowing us to use double smoothed Wilder’s EMA for price filtering (and that way it filters out some false signals) Also, in order … Read more