Double Smoothed EMA - Floating Levels (Multiple Timeframes) - MetaTrader 5 Script - MT4/MT5 Resources
A detailed description of the Double Smoothed EMA is posted here: Double Smoothed EMA . This release is upgrading the code and adding multiple time range options. In addition to all standard multi-timeframes available in Metatrader 5, there are 3 additional "timeframes":
You can use color changes as signals
Attachment download
📎 double_smoothed_ema_kmtfcvflc.mq5 (23.68 KB)
Source: MQL5 #24516
Double Smooth EMA - Floating Levels (Multiple Timeframes) - MetaTrader 5 Script Usage and Screening Advice
Double Smoothed EMA - Floating Levels (Multiple Timeframes) - MetaTrader 5 Script is a resource related to trading scripts. 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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