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

This indicator exemplifies the smoothing of price time series by filtering higher order harmonics.

This method can be used to smooth the values ​​of any indicator.

The main advantage of this method is that there is really no delay.

Indicator input parameters:

 //+------------------------------------------------+
//|Input parameters of the indicator|
//+------------------------------------------------+
Input unit N= 7 ; // Series length
Input unit SS= 20 ; // Smoothing coefficient
Enter integer shift = 0 ; // horizontal movement of the indicator in bars

Where:

https://www.mql5.com/ru/code/7000 Indicator operations require libraries.

The indicator was first implemented in MQL4 and released in the code base on November 23, 2006.

Figure 1. i-Spectral Analysis Indicator

Attachment download

📎dt_fft.mqh (26.02 KB)

📎 i-spectranalysis.mq5 (4.33 KB)

Source: MQL5 #7001