MetaTrader 5
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Theory :
John Ehlers made one more indicator that was targeting the measuring of cycles / periods of the market. He called it "Dual differentiator". Without too much explanation, here it is. It is not a directional indicator. It shows us if the underlying market is in a changing mode (the values are falling) or trending mode (the values are rising)
Usage :
It can be used as a sort of a momentum indicator as well as a way of adapting other indicators
MACD with on-chart SR levels
MACD with on-chart SR levels
Smoothed WPR with floating levels and on chart support / resistance levels
Smoothed WPR with floating levels and on chart support / resistance levels
Dual differentiator adaptive EMA
Dual differentiator adaptive EMA
ms-Candle-Index. Indicator of the strength of the direction of the candle.
The indicator determines the index of the direction of the bar prices and the Gap/breaks in them. It is a logical continuation of the ms-Candle indicator.