Trend Elasticity x 2 - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
Based on: trend elasticity
In this issue of "Reflex: A New Zero-Lag Indicator," author John Ehlers introduces a new averaging indicator he designed to reduce lag in the mind. According to the author, this new indicator can generate signals more timely than other indicators with calculated lag. This is a continuation of the historical article and is an extended TrendFlex indicator (different from the "reflective") indicator.
Some platforms are introducing different types of display, and this version does the same: displaying two "trendflex" values (instead of showing the difference between the two), so that it may be useful to "read" the value in a possibly different way
Attachment download
📎 trendflex_x_2.mq4 (8.87 KB)
Source: MQL5 #28184
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