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The presented indicator is a joint application of the FATL digital filter and the Ehlers filter (J. F. Ehlers).
This indicator gives reliable signals with a small delay, which makes trading based on it very effective.
After receiving the signal, you should wait for its confirmation – overcoming the high/low of the bar on which the signal was given by the price.
It is recommended to pay attention to divergence or convergence signals (discrepancy in the ratio of new highs or lows on the oscillator chart and the price).
Signals in the direction of the long-term trend are used to open a position.
Signals against a long-term trend are used to close a position.
On fully formed candles, the indicator does not redraw.
The indicator allows you to send notifications about your signals to the terminal and e-mail.
