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WFx Smoothed Dual RSI Trend Filter

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Publicado: 26 diciembre 2022

Versión actual: 1.2

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WFx Smoothed Dual RSI Trend Filter

Indicadores
Tu Thu Van Nguyen
Versión: 1.2
Actualizado: 4 enero 2023

Traditional RSI is one of the most popular and must-known indicator that every traders would use.

In this combination, we use two RSI period with smoothed factor to smooth the RSI lines for better results.

Besides, bottom of Indicator is the Trend-filter display in different colors in order to let Traders identify the trends much easier

Grey : Sideway market
Light-Blue : Weak UP-Trend
Blue : Strong UP-Trend
Light-Red : Weak DOWN-Trend
Red : Strong DOWN-Trend

Signal:

Blue-Arrow : Potential UP-Trend
Red-Arrow : Potential DOWN-Trend

Indicator parameters:

Max Bars of Backtest (Max 10.000) : Max-Bars of Backtest
Slow Period : Period of Slow RSI line
Smoothed Factor 1 : Smoothed factor for Slow RSI line
Fast Period : Period of Fast RSI line
Smoothed Factor 2 : Smoothed factor for Fast RSI line
Applied Price mode : Price mode to be applied for calculation

The Indicator is suitable to be used as a filter to eliminate the false signals from other Buy/Sell indicators.

Download here for Trial version:

https://drive.google.com/file/d/1fquLR4HJYyB_MGFbK0yLFU3qHZtvgSgY/view?usp=sharing

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El indicador de detección de tendencias complementará cualquier estrategia y también se puede utilizar como una herramienta independiente. Recomendaciones para trabajar con el indicador, las puedes descargar en el comentario #8 Ventajas Fácil de usar, no sobrecarga el gráfico con información innecesaria; Puede usarse como filtro para cualquier estrategia; Tiene niveles integrados de soporte y resistencia dinámicos, que se pueden usar tanto para obtener ganancias como para establecer límites

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Special offer! https://www.mql5.com/ru/users/bossik2810 Gold AMS - is a good technical stock indicator. The indicator algorithm analyzes the asset price movement and reflects volatility and potential entry zones. The indicator 100% does not repaint!!! The best indicator signals: If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to loss of deposit, because they can show a signal and then remove it. Trading with this indicator is very easy. We wait for a

129 USD

Based on famous and useful indicator - Super Trend, we add some features to make this Indicator much easier to use and powerful. Ease to identify the trend of any chart. Suitable for both Scalping & Swing Better to use in the trending market be careful in sideway market, it might provide some fake signals Setting: ATR Multiplier ATR Period ATR Max Bars (Max 10.000) Show UP/DOWN node Nodes size Show Pull-back signals Pull-back filter ratio Period of MA1 Mode of MA1 Period of MA2 Mode of MA2 A

The Hull Moving Average (HMA), developed by Alan Hull from 2005, one of the most fast-moving Average, reduce lag and easy to use to identify Trend for both Short & Long term. This Indicator is built based on exact formula of Hull Moving Average with 3 phases of calculation: Calculate Weighted Moving Average (WMA_01) with period n/2 & (WMA_02) with period n Calculate RAW-HMA: RAW-HMA = 2 * WMA_01(n/2) - WMA_02(n) Weighted Moving Average with period sqrt(n) of RAW HMA HMA = WMA (RAW-HMA, sqrt(n)

Traditional Moving Average (SMA, EMA, SMMA, LWMA...) is very useful for identifying trends, but what will you do when you want to trade on lower timeframe, and you need to identify the bigger trend by a higher timeframe; Of course, you can make it by dividing your chart in separated windows, but your analytics will not be clear and intuitive ... That's why we build the Multi Timeframe Moving Average indicator. With Multi Timeframe Moving Average ( MTF_Moving Average ), you can determine the Mo

QCAFE+ Trend Filters is a simple but useful for Traders to eliminate false signal from all kinds of Buy/Sell signal indicators. With QCAFE+, Traders can identify UP Trend/DOWN Trend or SIDEWAY period of Market to decide whether Enter a Trade or Not. With 5 Elements of Filters which are shown the Momentum and Strength of the Market; Each element has 3 types of arrows to show Uptrend (Blue UP arrows), Down Trend (Orange Down arrows) or Sideway (Grey Arrows). The Top Element is the main signal tha

33 USD

Based on Trend Following Strategy, QCAFE SUITE was built to get more accurate signal for Traders to decide whether to enter trades, included in the SUITE is QCAFE+ filter to eliminate false signals. The Signals are generated based on formula of Hull Moving Average ( HMA ) to minimize the lag of a traditional moving average - developed by Alan Hull in 2005 Setting: Limited Bars of back test Fast Period Low Period Fast/Low period to generate Buy/Sell signal Based MA Period B ased Moving Average

44 USD

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Versión 1.2 2023.01.04

Version #1.2, bugs fixed