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Views:: 5889
Rating:: (15)
Published:: 2019.02.07 15:50

Double smoothed EMA (fl).mq5 (10.85 KB) view

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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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Double smoothed EMA - floating levels - indicator for MetaTrader 5