3-Pole Butterworth Filter by Witold Wozniak was used for smoothing.
The indicator is used similar to RSI and Dem.
MT5 Indicator – Download Instructions
Smoothed Simple Trend Detector is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
Smoothed Simple Trend Detector provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Smoothed Simple Trend Detector.mq5?
- Download Smoothed Simple Trend Detector.mq5
- Copy Smoothed Simple Trend Detector.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Smoothed Simple Trend Detector.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Smoothed Simple Trend Detector.mq5 is available on your Chart
How to remove Smoothed Simple Trend Detector.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: