Fixed Wilder Double Smooth EMA - Multi-Timeframe Version - MetaTrader 5 Script - MT4/MT5 Resources
The original article (with detailed explanation) is posted here: Modified Wilder's Double Smoothed EMA . This version adds multiple timeframes to the indicator. In addition to all standard multitime frames, there are also multitimeframes available in Metatrader 5, 3 additional "timeframes":
You can use color changes as signals
Attachment download
📎 corr_wilder_ema_6flk6mtfd.mq5 (31.17 KB)
Source: MQL5 #24483
Corrected Wilder Double Smooth EMA - Multi-Timeframe Version - MetaTrader 5 Script Usage and Screening Recommendations
Fixed Wilder Double Smoothed EMA - Multi Time Frame Version - MetaTrader 5 script belonging to the Forex indicator related resource. 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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