Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
Real author:
Luis Guilherme Damiani
An MA-based trend filter in the form of a colored cloud.
Trade the powerful Traders Dynamic Index strategy automatically with this dedicated TDI Expert Advisor. More details.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 22.01.2008.

Figure 1. The Instantaneous_TrendFilter indicator
Build better strategies with RobotFX professional tools – check them out.
1990