Elhers Super Bandpass Filter by Shizaru
The original script was posted on ProRealCode by user Nicolas.
Source: traders.com/Document.../07/TradersTips.html
John Ehlers describe the trading rules of this new indicator as this:
Please leave a like or follow me if you use my indicators. Thanks!
Source: traders.com/Document.../07/TradersTips.html
John Ehlers describe the trading rules of this new indicator as this:
- Buy on the filter crossing above its -RMS line
- Short on the filter crossing below its RMS line
- Exit long when the filter either crosses below its RMS or crosses below -RMS (which signifies a false entry signal)
- Cover short when the filter either crosses above its -RMS or crosses above RMS (which signifies a false entry signal)
Please leave a like or follow me if you use my indicators. Thanks!