Author
ScriptorPublished date
Jul 9, 2018
Ehlers Filter. The indicator allows tracking the common trend and trade in its direction.
There are three adjustable parameters:
Calculation:
EF = SMA(PriceCoeff) / SMA(Coeff)
where
PriceCoeff[i] = Coeff[i] * Price[i]
Coeff[i] = Abs(Price[i] - Price[i-Momentum])
Price -- Applied price
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