Name: IT – indicator MetaTrader 5
Brand: RobotFX
SKU: 9442
Price: 4.89 USD
Availability: InStock
Rating: 4.6 (78 reviews)

The indicator shows John Ehlers trendline on the price chart.

Calculations:

Instantaneous Trendline = MVA(Price, Period) + SmoothSlope/2,

where:

SmoothSlope[i] = (Slope[i] + 2*Slope[i-1] + 2*Slope[i-2] + Slope[i-3])/6,
Slope[i] = Price[i] - Price[i-Period+1]

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IT – indicator MetaTrader 5