Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Indicators

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

Mladen Rakic | English Русский 中文 Deutsch 日本語 Português

Views:
5682
Rating:
votes: 18
Published:
2018.10.29 13:00
Updated:
2019.01.29 15:50

Basics:

The trend direction and force was developed long time ago by Pyotr Wojdyło for metastock trading platform. Since then we have made multiple versions for MetaTrader (both MetaTrader 4 and MetaTrader 5).

This version:

This indicator is using double smoothed EMA (DSEMA) for smoothing result in order to produce less false signals.

Usage:

You can use the color change as signals for trend change or for breakouts.



Spearman rank correlation - floating levels Spearman rank correlation - floating levels

Spearman rank correlation - with floating levels

Adaptive ATR channel Adaptive ATR channel

Adaptive ATR channel

Swami stochastic Swami stochastic

Swami stochastic

Swami Aroon Swami Aroon

Swami Aroon