Smoothed_Momentum - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Smoothed Momentum indicator is Smoothed Momentum.
There are five inputs:
Mom = 100.0*MA/PMA
MA - SMA (apply price, 1)
PMA - SMA (Price Applied) Momentum Cycle Regression
Figure 1. Smoothing amount, use smoothing = yes
Figure 2. Smoothing Amount, Use Smoothing = No
Attachment download
📎 smoothed_momentum.mq5 (10.61 KB)
Source: MQL5 #22610
Smoothed_Momentum - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Smoothed_Momentum - 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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