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Indicators

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

Mladen Rakic

Views:
1511
Rating:
votes: 9
Published:
2018.10.29 13:00

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



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