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Indicators

Double smoothed EMA - floating levels - indicator for MetaTrader 5

Mladen Rakic

Views:
361
Rating:
votes: 5
Published:
2019.02.07 15:50

Theory :

Detailed description of the double smoothed EMA was posted here : Double Smoothed EMA. This version is upgrading that code and is floating levels to it. In the options for floating levels you can chose coloring based on :

  • outer levels cross (default)
  • middle level cross
  • based on slope change

Usage :

You can use color changes as signals


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