I have just finished coding an indicator which displays 6 moving averages:
The first one is an MA of the price.
The second MA is an MA of the first MA...
...and so on...
And then it waits for all the MAs to be aligned in the same direction, one above/below the other, and it displays a signal.
I see that it reduces so much of the noise, and catches big trends.
This indicator is free and will always be free.
I would really like to hear your thoughts about it.
https://www.mql5.com/en/market/product/39233
The first one is an MA of the price.
The second MA is an MA of the first MA...
...and so on...
And then it waits for all the MAs to be aligned in the same direction, one above/below the other, and it displays a signal.
I see that it reduces so much of the noise, and catches big trends.
This indicator is free and will always be free.
I would really like to hear your thoughts about it.
https://www.mql5.com/en/market/product/39233