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Indicators

Smoother levels - indicator for MetaTrader 5

Mladen Rakic
Views:
6804
Rating:
(12)
Published:
2019.01.26 11:40
Download as ZIP, How to download code from MetaEditor
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Theory :

The "smoother" is sometimes called Jurik average even though there is no evidence of being that. Hence the name of this one is simply smoother. The indicator is using the method of finding "self adjusted" levels in order to assess trend direction and possible support and resistance levels

Usage :

You can use color changes as signals


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