Trend direction and force - DSEMA smoothed Indicator
Basics:
The trend direction and force was developed long time ago by Pyotr Wojdyło for metastock trading platform. Since then we have made multiple versions for MetaTrader (both MetaTrader 4 and MetaTrader 5).
This version:
This indicator is using double smoothed EMA (DSEMA) for smoothing result in order to produce less false signals.
Usage:
You can use the color change as signals for trend change or for breakouts.
Original:
https://www.mql5.com/en/code/22976
Indicator:
Trend direction and force - DSEMA smoothed.ex5
Trend direction and force - DSEMA smoothed.mq5
Config:
Is this set for Strength Index Signal indicator?