Ehlers Distance Coefficient Filter – indicator MetaTrader 5

John Ehlers’ Distance Coefficient Filter.

Even though a lot of times it is mistaken for Ehlers Nonlinear Filter, they are not the same.

This version is coded exactly a Ehlers described it in his book “Rocket science for traders”.

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
Alternative:   BlauCMI - indicator MetaTrader 5