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2015.10.13 09:56

i-SpectrAnalysis_Chaikin - indicator for MetaTrader 5

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votes: 14
dt_fft.mqh (28.84 KB)view

Real author:



This indicator is an example of smoothing the Chaikin Oscillator indicator timeseries by filtering high-order harmonics.

You can use this approach for smoothing the output of any indicator. The major advantage of this method is that it has practically zero latency.

Indicator input parameters:

input uint                fast_ma_period=3;       // Fast period
input uint                slow_ma_period=10;      // Slow period
input ENUM_MA_METHOD       ma_method=MODE_LWMA;   // Smoothing types
input uint N = 7;                                 // Series length
input uint SS = 20;                               // Smoothing coefficient
input int Shift=0;                                // Horizontal indicator shift in bars


  • N — sets the series length (power of two);
  • SS — smoothing coefficient in the resulting spectrum zeroes out frequencies exceeding the set value. SS cannot be greater than 2^N. If SS = 2^N, the Chaikin Oscillator series is repeated.

This indicator requires the following library:


Fig.1. The i-SpectrAnalysis_Chaikin indicator

Fig.1. The i-SpectrAnalysis_Chaikin indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

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