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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2018.08.24 10:39
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PGO (Pretty Good Oscillator) is a very old indicator.
This is a version with an addition of a possibility to use Timm Morris MA for smoothing the PGO values (which filters some of the false signals out). Usage of the indicator is the usual: check zero crosses for longer term trend direction change and slope changes for short term trend direction changes.
![Trading the trend - histogram](https://c.mql5.com/i/code/indicator.png)
Trading the trend - histogram
![ATR adaprive EMA - multi time frame](https://c.mql5.com/i/code/indicator.png)
ATR adaprive EMA - multi time frame