i-SpectrAnalysis_Chaikin - MetaTrader 5 Script - MT4/MT5 Resources

This indicator is an example of a smoothing indicator . The Chaikin Oscillator indicates time series by filtering higher harmonics.

You can use this method to smooth the output of any indicator. The main advantage of this approach is that it has almost zero latency.

Indicator input parameters:

 Input unit fast_ma_period= 3 ; // Fast period
Input unit Slow_ma_period= 10 ; // Slow period
Input ENUM_MA_METHOD ma_method= mode_LWMA ; // smoothing type
input ENUM_APPLIED_VOLUME volume type = volume_scale ; // volume
Input unit N= 7 ; // Series length
Input unit SS= 20 ; // Smoothing coefficient
Enter integer shift = 0 ; // indicator moves horizontally (in bars)

Where:

This indicator requires the following library: https://www.mql5.com/ru/code/7000 .

Figure 1. i-SpectrAnalysis_Chaikin indicator

Attachment download

📎dt_fft.mqh (28.84 KB)

📎 i-spectranalysis_chaikin.mq5 (5.75 KB)

Source: MQL5 #13756