Qualcomm - Low Pass Roof Filter - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
Temporal High Pass-Low Pass Roof Filter created by John Ehlers (Trader Loop Analysis page 78)
This is a variation of the roof filter that lets you know which direction a stock is trending. If it falls below 0, then the stock is in a downtrend, if it rises above 0, then the stock is in an uptrend. Buy when the indicator line is green and sell when the indicator line is red.
MetaTrader 4 versions will not be introduced here. You can download it and the source code through my Telegram channel. The link to the channel is located in my profile . Don't forget to subscribe!
Attachment download
📎ehlershighpasslowpassroofingfilter.mq5 (9.03 KB)
Source: MQL5 #36469
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