Smooth Candle S – indicator MetaTrader 5

Figure 1. Indicator SmoothCandleS
Real author: Varus Henschke Four moving averages based on the averaged values ​​of Open, Low, High and Close of a candlestick chart. The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”. … Read more

Smooth ATR trend envelopes of averages – indicator MetaTrader 5

Smooth ATR trend envelopes of averages - indicator for MetaTrader 5
Trend Envelopes indicator is calculated based on a % of price change. That % is then used to determine if there is a new trend or trend remains the same. This version is using smooth ATR for the price change calculation instead and is adding prices smoothing prior to be used in calculations. The smoothing … Read more

Volty channel stop – smooth ATR – indicator MetaTrader 5

Volty channel stop - smooth ATR - indicator for MetaTrader 5
One of the indicators that are using ATR for calculation is the Volty Channel Stop indicator too (one version published here : Volty Channel Stop) This version is replacing the regular ATR with smooth ATR in the channel calculation. It makes the stops “faster” when the market conditions change compared to the “regular” ATR Volty … Read more

Keltner channel – smooth ATR – indicator MetaTrader 5

Keltner channel - smooth ATR - indicator for MetaTrader 5
Ketner channel is calculated as SMA (Simple Moving Average) +- ATR (Average True Range) This version is deviating from that. It allows you to use one of the 4 average types : simple moving average (SMA) exponential moving average (EMA) smoothed moving average (SMMA) linear weighted moving average (LWMA) and instead of using “regular” ATR … Read more

Jurik smooth on chart generic trend – indicator MetaTrader 5

Jurik smooth on chart generic trend - indicator for MetaTrader 5
Basics : This indicator is using the well known JMA (Jurik Moving Average) to calculate a sort of a generic trend. The way it calculates it : it calculates the jma of high it calculates the jma of low it calculates the jma of close it calculates the jma of typical price (high+low+close)/3 – the … Read more

ATR adaptive smooth Laguerre RSI – indicator MetaTrader 5

ATR adaptive smooth Laguerre RSI - indicator for MetaTrader 5
Basics: The Laguerre RSI indicator created by John F. Ehlers is described in his book “Cybernetic Analysis for Stocks and Futures”.This version: Instead of using fixed periods for Laguerre RSI calculation it is using ATR (average True Range) adapting method to adjust the calculation period. It makes the RSI more responsive in some periods (periods … Read more

ATR adaptive smooth Laguerre RSI (dlvl) – indicator MetaTrader 5

ATR adaptive smooth Laguerre RSI (dlvl) - indicator for MetaTrader 5
Basics: The Laguerre RSI indicator created by John F. Ehlers is described in his book “Cybernetic Analysis for Stocks and Futures”.This version: Instead of using fixed periods for Laguerre RSI calculation it is using ATR (average True Range) adapting method to adjust the calculation period. It makes the RSI more responsive in some periods (periods … Read more