Decycler_Oscillator – indicator MetaTrader 5

Decycler Oscillator indicator is created based on “Decyclers” article by John F. Ehlers in the magazine “Technical Analysis of Stocks & Commodities” (September 2015).

The indicator has three input parameters:

  • HP period – high-frequency filter period
  • Coefficient – adjustment ratio (for using two or more oscillators)
  • Applied price – calculation price

The oscillator eliminates strongly low-frequency components of the Simple Decycler indicator by using the Ehlers Highpass half-period filter and converting the output of the filter into an oscillator.
The oscillator is calculated by counting the ratio of input data of the high-frequency filter to the price and then multiplying by the ratio equal to 1.0 by default

Fig. 1. Decycler Oscillator


Fig. 2. Decycler Oscillator + Simple Decycler


https://www.mql5.com/ru/code/22423

  Ticks indicator - indicator MetaTrader 5
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks