Hi,
Can anybody code this indior for Metatrader ?
This really is a moving average using a volatility filter designed to further smooth out the price action. It would be used similar to a moving average.
Formula:
Ref(Mov(C,12,E),-1) ((C-(Ref(Mov(C,12,E),-1))) / (C/(Ref(Mov(C,12,E),-1))*125))
regards