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2016.04.26 14:46
Indicators

FTLM_STLM - indicator for MetaTrader 4

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FTLM-STLM.mq4 (9.65 KB)view
Author: Finware.ru Ltd.

What the author of the instrument and the creator of the trading system - Vladimir Kravchuk writes... "The main difference of FTLM_STLM from the classic Momentum technical tool is that its calculation uses not the closing prices, but the values of the trend line smoothed as a result of filtering. Consequently, the FTLM, STLM become much smoother and regular functions than the classic Momentum tool, and therefore have greater predictive value."

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7282

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