The hybrid of digital and analog filters that displays its larger timeframe values at a smaller one.
The indicator is calculated the following way:
JFATL[bar] = JMA(FATL(PRICE[bar]))
where:
FATL() – FATL digital filter value;
JMA() – JMA adaptive smoothing algorithm;
PRICE[] – price series value.
bar – current bar index.
Additional JMA smoothing is used to prevent the indicator actuating at each random market movement.
Place the JFatl indicator compiled file to the terminal_data_folder\MQL5\Indicators\. JFatl uses CJJMA class of the SmoothAlgorithms.mqh library. Working with that class was described in details in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
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