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

Real author:

The fast trend indicator is based on two indicators XMUV Moving Average. In fact, the result will show two lines of the Momentum indicator plotting the SMA and EMA averages respectively based on this moving average.

The crossover of these momentum indicators defines the moment when the trend changes.

There are two versions of this indicator:

Place the XMUV.ex5 compiled file into terminal_data_folder\MQL5\Indicators.

The indicator was first implemented in MQL4 and released in the code base on November 9, 2008.

Figure 1 MUV_DIFF and MUV_DIFF_Cloud indicators

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 muv_diff.mq5 (7.42 KB)

📎 muv_diff_cloud.mq5 (6.54 KB)

📎 xmuv.mq5 (6.69 KB)

Source: MQL5 #1665