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TrendFlex - indicator for MetaTrader 4

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6568
Rating:
votes: 8
Published:
2020.03.03 18:45

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. This is a continuation of hist article and is the extended TrendFlex indicator (that differs from the "reflex") indicator

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


    Reflex Reflex

    Reflex indicator (based on February 2020 TASC article by John Ehlers - metatrader 4 version)

    scalper scalper

    This Expert Advisor is a pure scalp system

    Multi Currency Template Multi Currency Template

    This is Multi Currency Expert Advisor Template that can trade according to symbol list (default 6 symbols). For Example, Ichimoku Chinkou Span is used for entry logic. // Main input parameters input double Lots = 0.01; // Basic lot size input int StopLoss= 50; //Stoploss (in Pips) input int TakeProfit=100; //TakeProfit (in Pips) input int TrailingStop = 15; // Trailing Stop (in points) input int TrailingStep = 5;// Trailing Step (in points) input int Magic=1; // Magic Number input int Slippage = 100; // Tolerated slippage in brokers' pips string symbol[] = { "AUDUSD","USDCAD","USDCHF","EURUSD","GBPUSD","USDJPY"};

    Trend flex x 2 Trend flex x 2

    Trend flex x 2 (metatrader 4 version)