Ehlers Filter. The indicator allows tracking the common trend and trade in its direction.
There are three adjustable parameters:
EF = SMA(PriceCoeff) / SMA(Coeff)
PriceCoeff[i] = Coeff[i] * Price[i] Coeff[i] = Abs(Price[i] - Price[i-Momentum]) Price -- Applied price
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/20978
Two indicators ColorJFatl from different timeframes, the area between lines being filled with a cloud, the color of which corresponds with the trend direction on the marketExp_AbsolutelyNoLagLwma_X2
Trend-following trading system Exp_AbsolutelyNoLagLwma_X2 based on the signals of two indicators AbsolutelyNoLagLwma