DKX Directional Trend Indicator MT5
- Göstergeler
- Sürüm: 1.0
- Etkinleştirmeler: 5
DKX Directional Trend Indicator is a classical and powerful trend-following tool designed for MetaTrader 5. By incorporating a weighted average of High, Low, Open, and Close prices with a 20-period decaying weight matrix, this indicator effectively smoothes out short-term market noise while retaining high sensitivity to major price direction shifts.
Key Features:
Noise-Free Trend Following: Uses a custom weighted algorithm (3*Close + Low + Open + High) to accurately reflect true market equilibrium.
Clear Crossover Signals:
Bullish Signal: When the main DKX Line (Blue) crosses above the MADKX Signal Line (Red).
Bearish Signal: When the DKX Line crosses below the MADKX Line.
No Repainting: All calculations are locked per bar close. Non-repainting and fully reliable for live trading or automated Expert Advisor (EA) integration.
Multi-Timeframe Friendly: Suitable for Forex, Indices, Commodities, and Crypto across M15, H1, and H4 timeframes.
Parameters:
MADKX Period: The smoothing period for the signal line (Default: 10).
