MTF RSI Smoothed (recursive) – indicator MetaTrader 5

Indicator MTF RSI Smoothed
Recursive implementation of multi-timeframe smoothed RSI indicator. The values of the standard Relative Strength Index indicator are smoothed using Simple Moving Average (SMA). To disable smoothing set the value of Smoothed <= 1. The indicator uses the recursive call of itself for lower timeframes. This eliminates the need to create two indicators: the conventional and … Read more

Smoothed Awesome indicator – indicator MetaTrader 4

Smoothed Awesome indicator - indicator for MetaTrader 4
Description: This indicator is a modification of classical Awesome indicator. It computes the smoothed rate of change of two smoothed moving averages. More precisely, the indicator has 3 inputs: shortmean and longmean stand for two smoothed moving averages (by default 5 and 34, respectively). The last input, meanAO, indicate the smoothed moving average for the … Read more

Guppy MMA of Double Smoothed Ema – indicator MetaTrader 5

Guppy MMA of Double Smoothed Ema - indicator for MetaTrader 5
GUPPY MULTIPLE MOVING AVERAGE This indicator was developed by Daryl Guppy. It is fully explained in TREND TRADING. Captures the inferred behaviour of traders and investors by using two groups of averages. Uses fractal repetition to identify points of agreement and disagreement which precede significant trend changes. APPLICATION Applied to understand the nature and character … Read more

Double smoothed stochastic – indicator MetaTrader 5

Double smoothed stochastic - indicator for MetaTrader 5
The double smoothed stochastic that is usually found is using EMA (exponential moving average) for calculation. This version is a sort of deviation from that. Default does use ema for calculation, but it allows you to chose among the 4 types of averages for (double) smoothing.  That way we can get a completely new double … Read more

Smoothed repulse – indicator MetaTrader 5

Smoothed repulse - indicator for MetaTrader 5
In short “repulse” would be : The Repulse indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve. It is more relevant when compared to price and offers valuable additional information on the feeling and confidence that traders have about the markets. This version can … Read more

Recursive (double) smoothed stochastic – indicator MetaTrader 5

Recursive (double) smoothed stochastic - indicator for MetaTrader 5
Variation on the “double smoothed stochastic” theme. The name might be a bit misleading: it is not exactly the same in its calculation as the “double smoothed stochastic” (dss actually has 3 smoothing steps, this one really has 2 smoothing steps — so we might say that this is really double smoothed stochastic), and it … Read more

Smoothed Kijun-Sen – indicator MetaTrader 5

Smoothed Kijun-Sen - indicator for MetaTrader 5
The Kijun-Sen is a major indicator line and component of the Ichimoku Kinko Hyo indicator, also known as the Ichimoku cloud. It is generally used as a metric for medium-term momentum. The Kijun-Sen line calculation utilizes the following formula: The formula used to calculate the Kijun-Sen is almost identical to that of the formula used … Read more