Original Author: Nick A. Zhilin
If you're looking to enhance your trading strategy, the Float Pivot Smoothed Digit indicator might be just what you need. This handy tool incorporates a smoothing technique for the input time series, which plays a crucial role in refining your calculations. The parameters for smoothing are set through the indicator's input variables.
input Smooth_Method HMA_Method=MODE_SMA_; // Smoothing methodinputuint HLength=12; // Smoothing depthinputint HPhase=100 // Smoothing parameter//---- for JJMA within the range of -100 ... +100, it influences the quality of the transition process;//---- for VIDIA it is a CMO period, for AMA it is a slow average period
The Float Pivot Smoothed Digit indicator utilizes classes from the SmoothAlgorithms.mqh library, so make sure to copy this file into your terminal data folder under MQL5\Include. For a deeper understanding of how these classes work, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Fig.1. The Float Pivot Smoothed Digit Indicator
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