Based on: TrendFlex
In this issue of “Reflex: A New Zero-Lag Indicator,” author John Ehlers introduces an innovative averaging indicator designed specifically to cut down on lag. This new tool aims to provide faster signal generation compared to traditional lagging calculations. It's a continuation of his previous work and an extended version of the TrendFlex indicator, which sets itself apart from the 'reflex' variant.
Some trading platforms are rolling out a fresh display style, and this version does just that: it showcases two 'TrendFlex' values instead of just their difference. This approach might allow traders to interpret the values in a new way, enhancing your analysis.
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