Triple DSEMA – indicator MetaTrader 5

Triple DSEMA - indicator for MetaTrader 5
Variation of the “triple” series of indicators. Basic version of “triple” indicators is using Hull Moving Average. One possible disadvantage of using Hull Moving Average is that Hull Moving Average is tending to overshoot in some situations. This version uses double smoothed EMA instead of using Hull average, and since double smoothed EMA is never … Read more

Trend direction and force – DSEMA smoothed – indicator MetaTrader 5

Trend direction and force - DSEMA smoothed - indicator for MetaTrader 5
Basics: The trend direction and force was developed long time ago by Pyotr Wojdyło for metastock trading platform. Since then we have made multiple versions for MetaTrader (both MetaTrader 4 and MetaTrader 5). This version: This indicator is using double smoothed EMA (DSEMA) for smoothing result in order to produce less false signals. Usage: You … Read more