It performs very good. Any chance of mtf?mrtools wrote: Sat Jul 26, 2025 11:56 am Hopefully one of these hasn't been made, this is a synthetic smoothed momentum (Mladens smoothed version) with floating levels and alerts.
To those not familiar with Mladen's smoothed momentum this is his explanation:
For people using momentum:
Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)
sm.gif
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Re: Velocity, Momentum & ROC Indicators for MT4
Sutatong, Tue Jul 29, 2025 2:24 am