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SMI_Correct - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

SMI_Correct - indicator for MetaTrader 5

transport david

The SMI indicator is based on the book " Momentum, Direction and Divergence " by Blau.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was originally written in MQL4 and first published in the code base on September 26, 2008.

SMI_Correct - indicator for MetaTrader 5

Figure 1. SMI_Correct Indicator


Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 SMI_Correct.mq5 (9.86 KB)

Source: MQL5 #15988

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