Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | Dual differentiator

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

MetaTrader Experts, Indicators, Scripts and Libraries

24220