Kaufman Efficiency Ratio
- Indicators
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Mohamed Amr Mohamed Osama Abdelwahab
Software Developer, Instructor, and Technical Team Leader with over 22 years of experience across desktop, web, and financial software development. Top Rated freelancer on Upwork with 200+ completed projects, $200K+ delivered, and a 100% job success record. Specialized in algorithmic trading systems - Version: 1.0
- Activations: 5
Professional indicator for MetaTrader, implementing proven trading methods
Measures how efficiently price travels: net movement divided by total movement. High values mean a clean trend; low values mean noise.
Inputs:
- InpPeriod — Efficiency Ratio period
- InpSmoothPeriod — smoothing period
- InpTrendLevel — trend threshold level
Trading ideas:
- Allow breakout and trend entries only when ER is above the threshold.
- Switch to mean-reversion strategies when ER is low.
Works on any symbol and timeframe. No DLLs, no external dependencies.
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