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Indicators

Reflex - indicator for MetaTrader 5

Mladen Rakic
Views:
12859
Rating:
(19)
Published:
2020.03.03 14:10
Updated:
2020.03.03 14:28
Reflex.mq5 (8.7 KB) view
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The background :

In “Reflex: A New Zero-Lag Indicator” in this issue, author John Ehlers introduces a new averaging indicator that he has designed with reducing lag in mind. According to the author, this new indicator can be used to generate signals in a more timely manner than other lagging calculations.

It is a sort of a momentum like indicator and should be used like that. Default set is rather long - as usual some experimenting with the parameters should be done prior to using it in trading decisions



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Short description.