Correction Super Smooth - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Origin of correction algorithm:
Dr. Alexander Uhl invented a method for filtering moving averages and examining signals. Originally used for simple moving averages
This indicator:
This indicator uses a modified "corrected" method. Instead of using standard deviation for calculations, just use EMA deviation (originally posted here: EMA deviation ) and apply super smoothing (originally posted here: super smooth )
You can use changes in color as signals
Attachment download
📎 corrected_super_smoother.mq5 (15.16 KB)
Source: MQL5 #22524
Correction Super Smoothing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Correction Super Smoothing - 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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