Level: 2 Background John F. Ehlers introuced Early Onset Trend Indicator in Aug, 2014. Function In “The Quotient Transform” in Aug, 2014, John Ehlers described an early trend detection method, the idea of the quotient transform, that was designed to reduce the lag often found in other trend indicators. I provided a script with pine v4 code here for the...
Level: 2 Background John F. Ehlers introuced Super Smooth Stochastic Indicator in Jan, 2014. Function In “Predictive And Successful Indicators” of in, 2014, John Ehlers presented another innovative way to eliminate noise from classic indicators and introduces some new smoothing indicators: the SuperSmoother filter, which is superior to moving averages for...
Description : This SwissArmyKnife - MultiPurposeIndicator allows user to modify the conventional indicator smoothing method Stochastic(SMA)/RSI(RMA) to one of filtering tools proposed by John F. Ehlers . Details of each filtering type can be read in Ehlers Technical Papers: Swiss Army Knife Indicator, I'm still very new with Digital Signal Processing (DSP)...
Level: 3 Background John F. Ehlers introuced Market Mode Indicator on April, 2012. Function This indicator is used to determine whether the market is in a trending or a cyclical mode. This is accomplished by comparing the average value of price, after being filtered to the peaks and valleys of that filtered price. The filter used in this indicator is a second...
Level: 3 Background John F. Ehlers introuced Enhaced Corona Swing Position Indicator in April, 2012. Function John Ehlers's corona indicators, "Corona Charts," provide a "multidimensional" view of market activity. In the article "Corona Charts" in Nov, 2008, John Ehlers further developed his earlier work on market cycles. A new kind of indicator was presented...
Level: 2 Background John F. Ehlers introuced SwamiCharts Stochastic Indicator in Mar, 2012. Function In the late 1950s, George Lane developed stochastics, an indicator that measures the relationship between an issue's closing price and its price range over a predetermined period of time. To this day, stochastics is a favored technical indicator because it is...
Level: 2 Background John F. Ehlers introuced SwamiCharts Aroon Indicator in Mar, 2012. Function The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. In...
Circumstance Remarks: Because of my carelessness, the script of the same name that I posted before was banned and hidden because the description contained content that violated the TradingView House Rule. After communicating with the MOD, I corrected the description and obtained permission to publish it again. I hereby declare. Sorry for the inconvenience!...
Circumstance Remarks: Because of my carelessness, the script of the same name that I posted before was banned and hidden because the description contained content that violated the TradingView House Rule. After communicating with the MOD, I corrected the description and obtained permission to publish it again. I hereby declare. Sorry for the inconvenience!...
Level: 3 Background John F. Ehlers introuced Corona Charts Swing Position Indicator in Nov, 2008. Function John Ehlers's corona indicators, "Corona Charts," provide a "multidimensional" view of market activity. In the article "Corona Charts" in Nov, 2008, John Ehlers further developed his earlier work on market cycles. A new kind of indicator was presented...
Level: 3 Background John F. Ehlers introuced Dominant Cycle and Spectrogram Indicator in Mar, 2008. Function In "Measuring Cycle Periods" in Mar, 2008, John Ehlers presented a very interesting technique of measuring dominant market cycle periods by means of multiple bandpass filtering. By utilizing an approach similar to audio equalizers, the signal (here, the...
Level: 2 Background John F. Ehlers introuced his Dominant Cycle Tuned Bandpass Filter Strategy in Mar, 2008. Function In "Measuring Cycle Periods", author John Ehlers presents a very interesting technique of measuring dominant market cycle periods by means of multiple bandpass filtering. By utilizing an approach similar to audio equalizers, the signal (here,...
Level: 2 Background John F. Ehlers introuced his DFT-ADAPTED RELATIVE STRENGTH INDEX (RSI) in Jan, 2007. Function In "Fourier Transform For Traders" in Jan, 2007, John Ehlers presented an interesting technique of improving the resolution of spectral analysis that could be used to effectively measure market cycles. Better resolution is obtained by a...
Level: 2 Background John F. Ehlers introuced his Stochastic RSI in August, 2006. Function John Ehlers' article in August, 2006, "Modeling The Market = Building Trading Strategies," describes a process for extracting trend and cyclic elements from market data, then recombining them for trading purposes. He used the Stochastic RSI denoted the cyclic...
Level: 2 Background John F. Ehlers introuced the Inverse Fisher Transform of Cyber Cycle in May, 2004. Function "The Inverse Fisher Transform ," describes the calculation and use of the inverse Fisher transform by Dr . Ehlers in 2004. The transform is applied to any indicator with a known probability distribution function, but this script offers a sample...
Level: 2 Background John F. Ehlers introuced the Inverse Fisher Transform of RSI in May, 2004. Function "The Inverse Fisher Transform," describes the calculation and use of the inverse Fisher transform by Dr. Ehlers in 2004. The transform is applied to any indicator with a known probability distribution function, but this script offers a sample transforms:...
Level: 2 Background John F. Ehlers introuced Zero-Lag Data Smoothers in Jul, 2002. Function John Ehlers introduced "Zero-Lag Data Smoothers", the infinite impulse response (IIR) filter and finite impulse response (FIR) filter. In his article this issue on zero-lag smoothing, John Ehlers notes that his favorite filter is the symmetrically weighted six-bar...
Level: 2 Background John F. Ehlers introuced Hilbert Channel Breakout Trading System in Nov, 2000. Function This indicator will show how the adaptive filter is being applied to a trading strategy. After the Hilbert Channel Breakout Signal is optimized, set the inputs for this indicator to match the corresponding inputs for the signal. In the March 2000...