📈 TrendStrength EMA variation – indicator MetaTrader 5

“Trend strength” version of EMA variation (originally published here : EMA variation along with detailed explanation). In these cases trend strength is used more like a filter than anything else, but the original calculation is kept, and the logic is the original logic of the “trend strength” family of indicators

Usage :

You can use the color change as signals

TrendStrength EMA variation – indicator MetaTrader 5

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