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Indicators

Color Smoothed Momentum - indicator for MetaTrader 5

Views:
7705
Rating:
(16)
Published:
2011.09.29 10:36
Updated:
2023.03.29 13:43
jmomentum.mq5 (7.21 KB) view
\MQL5\Include\
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In this indicator Momentum values are smoothed using the JMA smoothing algorithm for signals filtration and display of a trend.

As a result, it is now possible to indicate a trend using the indicator line coloring.

ColorJMomentum

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/461

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