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Indicators

PGO TM smoothed - indicator for MetaTrader 5

Mladen Rakic

Views:
505
Rating:
votes: 6
Published:
2018.08.24 10:39

PGO (Pretty Good Oscillator) is a very old indicator.

This is a version with an addition of a possibility to use Timm Morris MA for smoothing the PGO values (which filters some of the false signals out). Usage of the indicator is the usual: check zero crosses for longer term trend direction change and slope changes for short term trend direction changes.


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