Two Pole Smoothed Ehlers Oscillator – indicator MetaTrader 4

Two Pole Smoothed Ehlers Oscillator - indicator for MetaTrader 4
Author: Original researches by John F. Ehlers, described in “Cybernetic Analysis for Stocks and Futures” (2004) ISBN: 0-471-46307-8 Two Pole Super Smoother Indicator based on Ehlers’ book, and coded by Witold Wozniak (www.mqlsoft.com) Additional researches and codes by Julien Loutre (zenhop). The Two Pole Super Smoother Indicator is a great way to evaluate the trend, … Read more

Smoothed Accelerator – indicator MetaTrader 5

Smoothed Accelerator
The indicator plots the smoothed value of the following experession: Out[i]=MathLog(Close[i]/Close[i+ExtPeriodAcc]), where ExtPeriodAcc is the accelerator period, defined by “Acc period” input parameter. The smoothing is carried out by four-pass EMA with period, specified in the “MA period” input parameter. Input parameters: Acc period – accelerator period; MA period – averaging period; N History – … Read more

MQL5 Wizard – Trade Signals Based on Crossover of Two Exponentially Smoothed Moving Averages – EA MetaTrader 5

Figure 1. Trade signals, based on crossover of two exponentially smoothed moving averages
MQL5 Wizard allows to create the code of Expert Advisors automatically. See Creating Ready-Made Expert Advisors in MQL5 Wizard for the details. Here we will consider the strategy based on crossover of two exponentially smoothed Moving Averages (fast EMA and slow EMA). The strategy called “Signals based on crossover of two EMA” (when creating EA … Read more

Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort – indicator MetaTrader 4

Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort - indicator for MetaTrader 4
The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader’s Choice award in 2011. It begins by smoothing the price curve with a “rainbow” weighted moving average. This smoothed price curve is used to calculate a RSI, which is then smoothed … Read more

Heiken Ashi Smoothed – indicator MetaTrader 5

Heiken_Ashi_Smoothed
Heiken Ashi Smoothed indicator is a modified standard Heiken Ashi indicator. The difference is that it uses smoothed price time series values instead of current ones. Such method allows to filter many false signals that could possibly have appeared, in case the indicator had been calculated in a standard way. The indicator allows to select … Read more

Smoothed ADX – indicator MetaTrader 5

ADX and ADX Smoothed indicators
Real author: Rosh John Ehlers smoothing algorithm is applied to all three standard ADX (Average Directional Movement Index) indicator buffers. The image below shows that smoothed ADX contains less market noise in comparison with standard ADX. This indicator was first implemented in MQL4 and published in Code Base at mql4.com 28.02.2007. Smoothed ADX – indicator MetaTrader … Read more

Candles Smoothed HTF – indicator MetaTrader 5

Candles Smoothed HTF
The indicator that displays “averaged” candlesticks of a larger timeframe at a smaller one. Smoothing transformation is applied to all elements of a price candlestick in this indicator: Open, Low, High and Close. The indicator provides a clear graphical representation of a current market trend. A color of a candlestick determines trend direction and its … Read more