Is the Cauchy difference a precursor to a reversal and/or correction? - page 9

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both three - SMA,GMA and their difference. Set the SHIFT - half-period shift (negative) in the indicator properties.
:-)
Indicator for MT4
What is the indicator? A copy of the Cauchy indicator for MT4?
Yes, the 1st post reflects that, as does thanking you.
Gold is expected to be flat on TF D1, but you can analyse the performance of the indicator https://www.mql5.com/ru/charts/5618930/gold-d1-e-global-trade.
The source code is much more interesting to see than a compiled black box.
The drop to minuscule values more or less shows a flat. It is worth to see what happens in sideways, maybe a detector of sideways movement start - logically the SMA-GMA would be typical, but we need a non-linear scale in the indicator, or somehow normalize it to be clearly visible.
Calculated very simply: PC = K2-K1.
K2 is the indicator reading on the previous bar
K1 - current bar
?
K2 is the indicator reading on the previous bar
K1 - current bar
?