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Views:: 4112
Rating:: (11)
Published:: 2018.08.24 10:39

PGO TM smoothed.mq5 (10.31 KB) view

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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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PGO TM smoothed - indicator for MetaTrader 5