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The DSS of Adaptive Super Smoother Trading indicator for MT4

The DSS of Adaptive Super Smoother Trading indicator for MT4

The DSS of Adaptive super smoother trading indicator is a trading algorithm, the calculations of which are based on trading during a certain trend. That is, the indicator is used to determine the strength and direction of the trend. Its calculations are based on the interaction of standard Forex indicators, namely Stochastic and exponential moving average. The indicator is presented in the lower window of the price chart in the form of two lines: the main and the signal, which intersect each other and change their general direction. Taking into account their values, the trend is determined, as well as the direction of the trade that is opened during this period.
The DSS of Adaptive super smoother indicator is suitable for trading on any timeframe, using any currency pairs.

Input parameters

In the settings of the DSS of Adaptive super smoother indicator there are several sections responsible for its general functioning. Thus, the Input Parameters section is responsible for its technical operation, the Colors section is for visualization, and the Levels section is used to add signal levels to the indicator window.

-TimeFrame - parameter for using the trading time frame. By default, it is set to Current time frame.
-StochasticLength - the period parameter of the Stochastic indicator. The default value is 50.
-SmoothEMA - period of exponential moving average. Default value is 9.
-SignalEMA - period of the indicator signal line. Default value is 5.
-SmoothPeriod - smoothing period for indicator values. The default value is 10.
-SmoothPrice - smoothing period of the indicator price. Default value is 0.
-SmoothAdaptPeriod - period of adaptation of indicator values. The default value is 25.
-ChangeOnDirectionChange - period of changing the color of the indicator line. Default value is true.

The DSS of Adaptive Super Smoother Trading indicator for MT4

Indicator signals

To open a specific line using the DSS of Adaptive super smoother indicator,it should be taken into account the direction and strength of the current trend in the market. For this, in turn, the intersection of the indicator lines, its main color and their general direction are taken into account. If the current market trend is upward, buy trades are opened, if the trend is downward, sell trades. When the trend changes, in both cases the trades are closed.

Signal for Buy trades:

  • The indicator lines are directed upward, while the main line has a color with the growth value and is located above the signal line.
    When a combination of such conditions is received on a signal candle, a buy trade can be opened due to the presence of an upward trend. At the moment of its change, namely when opposite conditions are received from the indicator, the current trade should be closed and new ones should be considered.

Signal for Sell trades:

  • The indicator lines intersect so that the signal line is above the main line, which has a color with the fall value.
    A sell trade, conditioned by the presence of a downward trend, can be opened when such conditions are received. When the current signal changes, the trade should be closed. At this moment, the current trend may change, which will allow considering opening new trades.

Conclusion

The DSS of Adaptive super smoother indicator is very effective since it is based on time-tested indicators with smoothing values. Before using the indicator on a real deposit, it is recommended to practice on a demo account.

 

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