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Indicators

Trend direction and force - smoothed - indicator for MetaTrader 5

Mladen Rakic

Views:
861
Rating:
votes: 10
Published:
2018.08.09 10:33

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 Trend direction and force - JMA smoothed

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Short description.