RicardoSantos

John Ehlers - The Price Radio

Price curves consist of much noise and little signal. For separating the latter from the former, John Ehlers proposed in the Stocks&Commodities May 2021 issue an unusual approach: Treat the price curve like a radio wave. Apply AM and FM demodulating technology for separating trade signals from the underlying noise.
reference: https://financial-hacker.com/petra-on-pr...
Note di rilascio: updated fm signal to work in all tickets. leave a comment if it does not.
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Commenti

500 coin
+1 Rispondi
500 coin
+1 Rispondi
thanks
200 coin
Rispondi
Really appreciate your effort in making this. Can someone please explain what I am looking at? I've added to my chart and trying to understand the lines but I am blank. Read through the link and still... I'd really appreciate it. ty
+21 Rispondi
Thank you so much for this John Ehlers indicator!
When plotting on altcoins the middle line is not horizontal anymore.
What can be the problem and is there a solution?
+4 Rispondi
Ether2020 Ether2020
@Ether2020, it has something to do with numbers behind the comma/ dot like 0.0523 or whole numbers like 1200.45.
Has anyone an idea what is happening?
+1 Rispondi
Anything Ehlers is always interesting, thanks. :)

I just about dismissed it completely because when I loaded it the FM line wasn't working so I thought the noisy deriv line was the main signal. I changed the deriv color so it shows up on dark mode, then realized the FM line shows up on other symbols.

If the price is changed to log it seems to work on everything.

src1 = input(title="Source", type=input.source, defval=close)
UseLog = input(true, title=' Use Log Price?', type = input.bool)
src = UseLog ? log(src1) : src1

deriv = change(src, input(1))
+2 Rispondi