Lyapunov_HP - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

This indicator is the result of an attempt to combine motion stability theory with the Hodrick-Prescott filter.

The Hodrick-Prescott filter is a method of smoothing time series and is used to identify long-term trends in the time series, that is, seasonal fluctuations and trends.

General stability theory was developed by AML Yapunov, who formulated and proved the main theorems of the stability theory of motion.

This indicator has two input parameters:

Due to the use of the HP filter, the indicator has the following characteristics: three bars, including the current one, are redrawn. However, due to the relatively small lag, this can be ignored: the indicator is good at predicting possible changes in price movements.

Attachment download

📎 lyapunov_hp.mq5 (11.07 KB)

Source: MQL5 #20341