Which indicator is giving "high wrong signal"?
Here is another plea to any coder who can make an alert out of when the 5/6 ema cross BUT then recross in the original direction. Same as post 1291.
These are often very profitable fast moving trades, safer springboard areas as is shown on the highlighted area of the chart.
Indicator from here : https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page637#comment_861258made to use new possibilities of mt4 and made simpler : smoothie_2.mq4
Nice changes. Thanks
Can slope color changes be added?
The smooth indicator is good, but not as good as the Hull Multiple Moving Average indicator.
I guess it depends on the type of the average used in the calculation
True Range Envelopes
Normalized Moving Average Slope