Smoothed AD X
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup 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.
Description & Settings
This indicator is the smoothed standard indicator Average .
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)
