I compiled all of Ehlers' IFM methods into one script - all written as functional blocks so you can simply add them to your own scripts. Bonus! I also dropped in the Super Smoother, which is a much more efficient and low lag averaging method. I used it to clean the data before feeding it into other indicators.
The last of Ehlers Instantaneous Frequency Measurement methods. This is a more robust version of this script. I wrote it as a function, so you can simply copy and paste it into any script to add an adaptive period setting capability. Cheers, DasanC
This is the cycle oscillator for the volume candle indicator. It supports all subt ypes but not 4 and 6 because how they are calculated (sub type 4 and 6 does not provide any cycle or any other type of possible calculation based on them by nature of the sub type)
Yet another method for determining the cycle of a market: this time, you have access to the two fastest and most accurate methods as well as the option to average these methods together. The controls are pretty straight forward: Source lets you select the price data to perform calculations on (close, open, etc..) Max Period is simply the cap for the algorithm...
This is my latest bandpass filter - used to determine if a security is in a trend or cycle. Now with an adaptive period setting! I use Ehlers in-phase & quadrature dominant cycle measurement (IQ IFM) method to set the period dynamically. This method favors longer periods which tend to produce smoother, albeit laggier bandpass oscillator plots. From my quick tests,...
Behold! A strategy that makes use of Ehlers research into the field of signal processing and wins so consistently, on multiple time frames AND on multiple currency pairs. The Adaptive Zero Lag EMA (AZLEMA) is based on an informative report by Ehlers and Ric . I've modified it by using Cosine IFM, a method by Ehlers on determining the dominant cycle period without...
This indicator provides a continuous measurement of a securities' dominant cycle period, based on Ehlers ever-impressive reports and analysis tools. This method uses in-phase and quadrature analysis, making use of the imaginary domain. This method is prone to favor longer periods and can allow noise to greatly affect the end result. >What does that even...
This indicator provides a continuous measurement of a securities' dominant cycle period, based on Ehlers ever-impressive reports and analysis tools. >What does that even mean? Essentially, you get a real-time (low lag) plot of the cycle period in bars. If the COS IFM reads "16" then you can expect the distance between swing highs and swing lows to be approx. 16...
The title pretty much sums up what purpose this tool serves. It is NOT an indicator, just a simple sine wave generator. You may use it to attempt to measure cycle periods occurring in the markets using "Wave Length (Bars)" setting in the "Format" panel. Other features include the sine wave phase is shift-able to the left and the right, and there is also an...
The Self Referencing Stochastic Oscillator The stochastic oscillator bring values in range of (0,100). This process is called Feature scaling or Unity-Based Normalization When a function use recursion you can highlights cycles or create smoother results depending on various factors, this is the goal of a recursive stochastic. For example : k =...
This is a modified version of RSI MTF, a similar indicator can be found in public library if anyone is interested, mine, is fabricated to work with my methology with all the addition i will add to this (just like others when i added the ability to change the moving types in critical places of formula) so that students can experiment with them (it will come in next...
A strategy according to schaff trend cycle oscillator.
A very heavily modified stochastic. As you can see in the picture, not only the range of movement is changes, but also, it's not clamped at 100 and will not clamp at -100. No more nasty noises when stochastic "sticks" to 100 when the price is constantly goes up or vice versa. Please, don't ask for access, only my students from my classes will have access to...
Ehlers Instantaneous Trendline script. This indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 10: The Instantaneous Trendline).
This is a modified Schaff Trend Cycle (STC), which is designed to provide quicker entries and exits. I've been a huge fan of the STC for a long time, but being based on the MACD means its signals often lag by a bar or two (especially in fast moving markets). All I've done here is take the base STC script (all credit to user @LazyBear), and change the source to a...
This is a predictive indicator that looks for explosions in momentum of the cycles in price and large shifts in Momentum (Fisher turns the Bimodal PDF into Guassian like) as statistically unlikely events, showing points to exit or reverse positions. You can adjust the lowpass frequency cuttoff (Aka what cycles you want to remove from the calculations through the...
Ehlers Reverse Exponential Moving Average script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 35:10: The Reverse EMA Indicator).