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Published:

2018.08.09 09:53

Updated:

2018.08.09 10:38

Trend direction and force - JMA smoothed.mq5 (14.15 KB) view

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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 that is using one of the very well know smoothing type : Jurik smoothing (which has a very low lag and is producing very smooth results). This way it is becoming more useful and allows us to trade with more reliable signals

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Very well known iTrend indicator but that uses ADXVMA for calculation.

Trend direction and force - smoothed

Trend direction and force

Trend direction and force - JMA smoothed - indicator for MetaTrader 5