Advanced Smoothing Algorithms for MT4/MT5 Indicators
Info
The Advanced Smoothing Algorithms for MT4/MT5 Indicators is a Indicator for MetaTrader 5 that available smoothing algorithms:- simple moving average- exponential moving average- smoothed moving average- linear weighted moving average- jma adaptive average- ultralinear smoothing- parabolic smoothing- tillson's multiple exponential smoothing- smoothing with tushar chande's algorithm- smoothing with perry kaufman's algorithmparameter notes:the 'phase1' and 'phase2' parameters have distinct meanings across different smoothing algorithms. For JMA, they represent an external phase variable ranging from -100 to +100.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Advanced Smoothing Algorithms for MT4/MT5 Indicators
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Available Smoothing Algorithms:- Simple Moving Average- Exponential Moving Average- Smoothed Moving Average- Linear Weighted Moving Average- JMA Adaptive Average- Ultralinear Smoothing- Parabolic Smoothing- Tillson's Multiple Exponential Smoothing- Smoothing with Tushar Chande's Algorithm- Smoothing with Perry Kaufman's AlgorithmParameter Notes:The 'phase1' and 'phase2' parameters have distinct meanings across different smoothing algorithms.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: EVT Crash Gauge: Advanced Tail-Risk Measurement - another powerful indicator for MetaTrader 5 traders.
Available Smoothing Algorithms:Also recommended: Footprint X Ray: Advanced Order Flow and Volume Delta Analysis - similar indicator with strong performance on MetaTrader 5.
- Simple Moving Average
- Exponential Moving Average
- Smoothed Moving Average
- Linear Weighted Moving Average
- JMA Adaptive Average
- Ultralinear Smoothing
- Parabolic Smoothing
- Tillson's Multiple Exponential Smoothing
- Smoothing with Tushar Chande's Algorithm
- Smoothing with Perry Kaufman's Algorithm
Parameter Notes:
The 'phase1' and 'phase2' parameters have distinct meanings across different smoothing algorithms. For JMA, they represent an external phase variable ranging from -100 to +100. For T3, they function as a smoothing ratio multiplied by 100 for enhanced visualization. For Vidya, 'phase1' signifies the CMO oscillator period, and 'phase2' denotes the slow EMA period. In other algorithms, these parameters may not influence smoothing.
For AMA, the fast EMA period is a fixed value of 2 by default, and the ratio for exponentiation is also set to 2.
Indicator Features:
The histogram and signal line colors dynamically adjust to reflect the current market conditions.
The ColorxMACD_Alert indicator provides alerts when the signal line's color changes on the last closed bar.
Library Requirement:
This indicator utilizes classes from the smoothalgorithms.mqh library. Ensure this library is copied to your terminal_data_folder\mql5\include directory.
Original Publication:
This indicator was initially developed for MQL4 and published on March 3, 2026.
You may also like: super trend quant pro elite: advanced adaptive trend analysis - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_plots 2
#property indicator_type1 draw_color_histogram
#property indicator_color1 gray,teal,blueviolet,indianred,magenta
#property indicator_style1 style_solid
#property indicator_width1 2.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.