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

This indicator is an example of smoothing the Moving Average indicator time series by filtering higher-order 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.

The generated indicator is implemented as a cloud between smoothed average and smoothed closing prices.

Indicator input parameters:

 Input Units MAP Period = 13 ; Input ENUM_MA_METHOD MA Type = Mode_EMA ; Input ENUM_APPLIED_PRICE Average Price = PRICE_CLOSE ; Input Units 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_MA indicator

Attachment download

📎dt_fft.mqh (28.84 KB)

📎 i-spectranalysis_ma_cloud.mq5 (6.12 KB)

Source: MQL5 #13747