LazyBear

Ehlers Instantaneous Trend [LazyBear]

‎16651‎ مشاهدة
2380
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One more to add to the Ehlers collection.

Ehlers Instantaneous Trendline , by John Ehlers , identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below.

There are atleast 6 variations of this ITrend. This version is from his early presentations.

Is this better than a simple HMA? May be, May be not. I will leave it to you to decide :)

I have added options to show this as a ribbon, and to color bars based on ITrend. Check out the options page.

More info:
- ITrend: http://www.mesasoftware.com/seminars/AfT...

List of my public indicators: http://bit.ly/1LQaPK8
List of my app-store indicators: http://blog.tradingview.com/?p=970

إزالة من البرامج النصية المفضلة أضف إلى البرامج النصية المفضلة
//
// @author LazyBear 
// 
// List of my public indicators: http://bit.ly/1LQaPK8 
// List of my app-store indicators: http://blog.tradingview.com/?p=970 
//
study(title="Ehlers Instantaneous Trend [LazyBear]", shorttitle="EIT_LB", overlay=true, precision=3)
src=input(hl2, title="Source")
a= input(0.07, title="Alpha", step=0.01) 
fr=input(false, title="Fill Trend Region")
ebc=input(false, title="Enable barcolors")
hr=input(false, title="Hide Ribbon")
it=(a-((a*a)/4.0))*src+0.5*a*a*src[1]-(a-0.75*a*a)*src[2]+2*(1-a )*nz(it[1], ((src+2*src[1]+src[2])/4.0))-(1-a )*(1-a )*nz(it[2], ((src+2*src[1]+src[2])/4.0))
lag=2.0*it-nz(it[2])
dl=plot(fr and (not hr)?(it>lag?lag:it):na, color=gray, style=circles, linewidth=0, title="Dummy")
itl=plot(hr?na:it, color=fr?gray:red, linewidth=1, title="Trend")
ll=plot(hr?na:lag, color=fr?gray:blue, linewidth=1, title="Trigger")
fill(dl, ll, green, title="UpTrend", transp=70)
fill(dl, itl, red, title="DownTrend", transp=70)
bc=not ebc?na:(it>lag?red:lime)
barcolor(bc)
List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970
Hello LB, one question for you with regards to this indicator. it looks that can be compiled only if the code is written under @version2 rules.
would you know how to update the following into @version4 ?
it=(a-((a*a)/4.0))*src+0.5*a*a*src-(a-0.75*a*a)*src+2*(1-a )*nz(it, ((src+2*src+src)/4.0))-(1-a )*(1-a )*nz(it, ((src+2*src+src)/4.0))
appreciated if you can help, and thanks for your continuos ideas production
MM
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GRE666X marcomania
@marcomania, i think you give, 'it=@ a value of 0
It=0.0
it:=(a-((a*a)/4.0))*src+0.5*a*a*src-(a-0.75*a*a)*src+2*(1-a )*nz(it, ((src+2*src+src)/4.0))-(1-a )*(1-a )*nz(it, ((src+2*src+src)/4.0))
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@GRE666X, thanks very much and sorry for the late reply. Cheers. MM
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this indicator looks great.. thanks
i just looked at your list of indicators.. wow.. so many.. what is your favorite indicator of all?
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@zzzsong, I use this one myself daily and been profiting nicely. better than any other MA script.
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How do you get the lines filled in red or green color?
+4 رد
Entity sjcwealth
@sjcwealth, Enable them on the indicator options (Cog wheel)
+1 رد
@Entity, Thanks for your reply!
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SECOND BEST .. After the RSI bands.. this is the one...great work..
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For some reason when I add the indicator to the chart, the EMAs are not filled with the red and green trend indi colors...
+4 رد
الصفحة الرئيسية منصة الأسهم منصًة العملات منصّة العملات الرقمية جدول الأعمال الاقتصادي برامج تعليمية كيف نعمل مميزات الرسم البياني أسعار العضوية إحالة صديق قوانين الموقع مركز المساعدة حلول المواقع الإلكترونية والوسطاء الأدوات حلول الرسوم البيانية مكتبة الرسوم البيانية صغيرة الحجم المدوّنة والأخبار تويتر
ملف التعريف إعدادات الصفحة الشخصية الحساب وإعداد الفواتير إحالة صديق تذاكر الدعم الخاصة بي مركز المساعدة التحاليل المنشورة المتابعين تتابع رسالة خاصة المحادثة تسجيل الخروج