Two Pole Smoothed Ehlers Oscillator – indicator for MetaTrader 4



Original researches by John F. Ehlers, described in “Cybernetic Analysis for Stocks and Futures” (2004) ISBN: 0-471-46307-8

Two Pole Super Smoother Indicator based on Ehlers’ book, and coded by Witold Wozniak (

Additional researches and codes by Julien Loutre (zenhop).


The Two Pole Super Smoother Indicator is a great way to evaluate the trend, and a good alternative the a regular moving average. But it can hardly be used tofind the turning points of the major cycles.

So I’ve transformed the Super Smoother Indicator as a smoothed oscillator.

The oscillator accurately find most of the cycle’s turning points, while the additional smoothing removed the residual noise.

In order to remove the residual noise from the oscillator, I used Ehlers’ Instantaneous trendline filter, because this filtershows a great noise reduction capacity while keeping the additional lag really low.

Because all the Maths have been modified in order to be based on the Open prices, the indicator won’t retrace.


Please note that the original Two pole Super Smoother indicator presents a small lag proportional to it’s Cutoff Period. Because the version on this page has been modified to be based on the Open price (in order to avoid retracements), one bar of lag is added.

Finally, the Instantaneous trendline filter is adding a little lag too, which should not be of more than 2 bars.

As a result, you should not use this indicator in order to catch cycles with a period of less than 10 bars.

If you want to catch 5 bars cycles on H1 for example, you can use this indicator on the M1 or M5 timeframe, using a large cutOff period. The additional data available on small timeframes allows you to trade short cycles.

Recommended MT4/MT5 Brokers

XM Broker

  • Free $50 To Start Trading Instantly! (Withdraw-able Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

XM broker

>> Sign Up for XM Broker Account here <<

FBS Broker

  • Trade 100 Bonus: Free $100 to kickstart your trading journey!
  • 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
  • Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
  • ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
  • Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.

fbs broker

>> Sign Up for FBS Broker Account here <<



(Free MT4 Indicators Download)

Click here below to download:

Two Pole Smoothed Ehlers Oscillator – indicator for MetaTrader 4

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.


Please enter your comment!
Please enter your name here