Holt Double Exponential Smoothing Indicator for MT4

The Holt Double Exponential Smoothing Indicator for MT4 is responsible for detecting market momentum. It is mainly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting. Simply look for buy trades when the signal line is green color, and similarly, look for sell trades when the signal line is orange color.

Example chart:

holt double exponential smoothing example chart

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