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Published:
2011.12.12 11:36
Updated:
2016.11.22 07:32
jfatl.mq5 (7.56 KB)view
\MQL5\Include\

The hybrid of digital and analog filters that displays its larger timeframe values at a smaller one.

The indicator is calculated the following way:

JFATL[bar] = JMA(FATL(PRICE[bar]))

where:

  • FATL() - FATL digital filter value;
  • JMA() - JMA adaptive smoothing algorithm;
  • PRICE[] - price series value.
  • bar - current bar index.

Additional JMA smoothing is used to prevent the indicator actuating at each random market movement.

Place the JFatl indicator compiled file to the terminal_data_folder\MQL5\Indicators\. JFatl uses CJJMA class of the SmoothAlgorithms.mqh library. Working with that class was described in details in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

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Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/608

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