Download MetaTrader 5
To add comments, please log in or register
Are you a good trader? Become a signals provider and make even more money!
Automated-Trading 2011.11.28 10:42 

Candles Smoothed HTF:

The indicator that displays "averaged" candlesticks of a larger timeframe at a smaller one.

Smoothing transformation is applied to all elements of a price candlestick in this indicator: Open, Low, High and Close. The indicator provides a clear graphical representation of a current market trend. A color of a candlestick determines trend direction and its body size shows the power of the current trend.

Author: Nikolay Kositsin

Candles Smoothed HTF

To add comments, please log in or register