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instantaneous_trendfilter.mq5 (5.07 KB) view

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Real author:

Luis Guilherme Damiani

An MA-based trend filter in the form of a colored cloud.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 22.01.2008.

Figure 1. The Instantaneous_TrendFilter indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1990

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Instantaneous_TrendFilter - indicator for MetaTrader 5