VHF Adaptive VMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The "eternal" question is whether fixed period smoothing/filtering/adaptation should be improved. Perhaps the best question is what does it use to adapt, and then the answer depends mostly on the quality of the "adaptation method".
This is a Variable Moving Average (VMA) adjusted using the Adam Whites Vertical Horizontal Filter (VHF). Since VHF is quite effective in detecting market fluctuations, the results produced are acceptable.
You can use color changes as signals. Alternatively, you can cross two instances of the indicator (like the example below) and then use it as a signal. In any case, it is recommended to conduct some experiments with these parameters before using them in trading decisions.
Attachment download
📎 vhf_adaptive_vma.mq5 (9.31 KB)
Source: MQL5 #22651
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