Modified Volatility Adaptive Double Smoothing Wilders EMA with Floating Levels - MetaTrader 5 script
The original Double Smoothed Wilder EMA is published here: Double Smoothed Wilder EMA . This version expands on it, adding a volatility adaptation mode and also adding a "correction" method invented by Dr. Alexander Uhl and the floating levels available for signals
It can be used as any other average: in this average you can use color changes as signals
Attachment download
📎 corr_wilder_ema_lfl4yvra3.mq5 (22.39 KB)
Source: MQL5 #24434
Modified Volatility Adaptive Double Smoothing Wilders EMA with Floating Levels - MetaTrader 5 Script Usage and Screening Advice
Modified Volatility Adaptive Double Smoothed Wilders EMA with Floating Levels - MetaTrader 5 script belongs to the trading scripts 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •