JFATL – indicator MetaTrader 5
The indicator is a combination of the FATL digital filter and analogue JMA adaptive smoothing. The average is calculated the following way: JFATL[bar] = JMA(FATL(PRICE[bar])) where: FATL() – FATL digital filter value; JMA() – JMA adaptive smoothing algorithm; PRICE[] – price series value; bar – current bar index. Additional JMA smoothing is used to prevent