Double Smoothed EMA - Floating Levels - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
A detailed description of the Double Smoothed EMA is posted here: Double Smoothed EMA . This version is upgrading the code and floating it to a new level. In the options at the float level, you can choose a color based on:
You can use color changes as signals
Attachment download
📎 double_smoothed_ema_yflo.mq5 (10.85 KB)
Source: MQL5 #24515
Double Smooth EMA - Floating Levels - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Double Smoothed EMA - Floating Level - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script 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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