Smooth Simple Trend Detector - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
Witold Wozniak's 3-pole Butterworth filter is used for smoothing.
The use of this indicator is similar to RSI and Dem.
The blue line represents the non-smoothed version, while the red line represents the smoothed version.
Attachment download
📎 sstd.mq5 (3.33 KB)
Source: MQL5 #928
Smooth Simple Trend Detector - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Smooth Simple Trend Detector - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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