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You liked the script? Try it in the MetaTrader 5 terminal
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- 10157
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- Published:
- 2019.02.08 17:03
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Theory :
This is just a slightly altered indicator from here : Kalman Filter. It is showing one of the intermediate steps of calculating the final value that is interesting as a standalone indicator too. This version shows the velocity ( a sort of a momentum) part of that Kalman filter indicator
Usage :
You can use color changes as signals

Double smoothed EMA - floating levels (multi time frame)

Double smoothed EMA - floating levels