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You liked the script? Try it in the MetaTrader 5 terminal
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- 7531
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- Published:
- 2018.08.09 10:33
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Trend direction and force index is a useful indicator, but it probably is showing too much signals in some cases
This version is adding smoothing in order to make the number of signals generated less. Smoothing methods that can be used in this indicator are :
- simple moving average
- exponential moving average
- smoothed moving average
- linear weighted moving average
![Trend direction and force - JMA smoothed](https://c.mql5.com/i/code/indicator.png)
Trend direction and force - JMA smoothed
![Pivot Oscillator Extended](https://c.mql5.com/i/code/indicator.png)
Extended version of Pivot Oscillator.
![Trend direction and force](https://c.mql5.com/i/code/indicator.png)
Trend direction and force
![Average penetration bars](https://c.mql5.com/i/code/indicator.png)
Average Penetration indicator displayed as bars.