smoothed ad x
Info
The smoothed ad x is a Indicator for MetaTrader 5 that this indicator is the smoothed standard indicator average. it has five adjustable parameters:period - adx calculation periodprimary smoothing factor- primary factor of smoothingsecondary smoothing factor- secondary factor of smoothingstrong trend level- level of a strong trendweak trend level- level of a weak trendcalculations:sdip = secondary smoothing factor * diptmp + (1.
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 smoothed ad x
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
this indicator is the smoothed standard indicator average.
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: AIS Smoothed Linear Trend Indicator - another powerful indicator for MetaTrader 5 traders.
this indicator is the smoothed standard indicator average .
Also recommended: heiken ashi smoothed indicator - similar indicator with strong performance on MetaTrader 5.
it has five adjustable parameters:period
- adx calculation period
primary smoothing factor
- primary factor of smoothing
secondary smoothing factor
- secondary factor of smoothing
strong trend level
- level of a strong trend
weak trend level
- level of a weak trend
calculations:
sdip = secondary smoothing factor * diptmp + (1.0 - secondary smoothing factor) * prevsdipsdim =secondary smoothing factor * dimtmp + (1.0 - secondary smoothing factor) * prevsdimsadx = secondary smoothing factor * adxtmp + (1.0 - secondary smoothing factor) * prevsadx
where:
diptmp = 2.0 * dmiplus + (primary smoothing factor - 2.0) * prevdmiplus + (1.0 - primary smoothing factor) * prevdiptmpdimtmp = 2.0 * dmiminus + (primary smoothing factor - 2.0) * prevdmiminus + (1.0 - primary smoothing factor) * prevdimtmpadxtmp = 2.0 * adx + (primary smoothing factor - 2.0) * prevadx + (1.0 - primary smoothing factor) * prevadxtmpdmiplus, dmiminus - dmi+ и dmi-adx - directional movement index(period)
You may also like: smoothed accelerator indicator - excellent alternative for indicator users on MetaTrader 5.
Source Code
/.......
⚠ 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.