Trend Direction and Strength - JMA Smoothing - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The Trend Direction and Strength Index is a useful indicator, but in some cases it may show too many signals
This version adds smoothing, which uses a well-known smoothing type: Jurik smoothing (has very low lag and produces very smooth results). In this way it becomes more useful and allows us to trade with more reliable signals
Attachment download
📎 trend_direction_and_force_-_jma_smoothed.mq5 (14.15 KB)
Source: MQL5 #21871
Trend Direction and Strength - JMA Smoothing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Trend Direction and Strength - JMA Smoothing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. 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
- •
- •
- •
- •
- •
- •
