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Published:

2018.05.17 15:12

Ehlers distance coefficient filter.mq5 (8.22 KB) view

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John Ehlers' Distance Coefficient Filter.

Even though a lot of times it is mistaken for Ehlers Nonlinear Filter, they are not the same.

This version is coded exactly a Ehlers described it in his book "Rocket science for traders".

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Ehlers Nonlinear Filter provides extraordinary smoothing in sideways markets and aggressively follow major price movements with minimal lag.

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Ehlers Distance Coefficient Filter - indicator for MetaTrader 5