Instantaneous

Instantaneous Trendline – indicator MetaTrader 5

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Instantaneous Trendline indicator
Real author: Witold Wozniak The indicator is inspired by John Ehlers’ article “Using The Fisher Transform” published in November 2002 in the “Technical Analysis Of Stock & Commodities” magazine. The indicator shows buy and sell signals. The simplest trading system for working with the indicator consists of using the moving averages crossing for the market … Read more

Instantaneous Trend Line – indicator MetaTrader 5

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Instantaneous Trend Line - indicator for MetaTrader 5
One of the series of indicators created by John Ehlres. According to Ehlers: Instantaneous trend Line: It works because it completely removes the dominant cycle from a smoothing average. For the mathematically inclined, the Fourier Transform of a rectangular window (formed by a simple average) is a Sin(X)/X distribution. The objective is to place the … Read more

Instantaneous Trend Line Bands – indicator MetaTrader 5

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Instantaneous Trend Line Bands - indicator for MetaTrader 5
One of the series of indicators created by John Ehlres. According to Ehlers: Instantaneous trend Line: It works because it completely removes the dominant cycle from a smoothing average. For the mathematically inclined, the Fourier Transform of a rectangular window (formed by a simple average) is a Sin(X)/X distribution. The objective is to place the … Read more

Instantaneous Trend Line (generalized) – indicator MetaTrader 5

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Instantaneous Trend Line (generalized) - indicator for MetaTrader 5
One of the series of indicators created by John Ehlres. According to Ehlers: Instantaneous trend Line: It works because it completely removes the dominant cycle from a smoothing average. For the mathematically inclined, the Fourier Transform of a rectangular window (formed by a simple average) is a Sin(X)/X distribution. The objective is to place the … Read more

Instantaneous Trend Line bands (generalized) – indicator MetaTrader 5

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Instantaneous Trend Line bands (generalized) - indicator for MetaTrader 5
One of the series of indicators created by John Ehlres. According to Ehlers: Instantaneous trend Line: It works because it completely removes the dominant cycle from a smoothing average. For the mathematically inclined, the Fourier Transform of a rectangular window (formed by a simple average) is a Sin(X)/X distribution. The objective is to place the … Read more

Instantaneous trend line – levels – indicator MetaTrader 5

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Instantaneous trend line - levels - indicator for MetaTrader 5
Basics : There are several versions of instantaneous trend line. The way it is used is varying from version to version, but some are relying to slope of the ITL for signals. That can produce too much signals This version : In this version we are using self adjusting levels for signals filtering. That way … Read more