SmoothStep - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
In many cases (computer graphics, machine learning, ta analysis) we need normalized values. Smoothing step is one of the possible methods
It belongs to the sigmoidal family (in this case clamped, since the indicator, as it is, is not used for interpolation) functions and generates a subset of the built-in random function, except that I kept it in the original range from 0 to 1 and it filtered out some randomly generated values. Furthermore, the indicator works with all common prices (not just close/close or low/high/close)
Attachment download
📎 smoothstep.mq5 (12.51 KB)
Source: MQL5 #39118
SmoothStep - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
SmoothStep - 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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