The Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 81-82) and this indicator is perfect for all of the scalpers out there! This will let you know when the stock is at a high volatility or not and when to buy or sell. If the indicator crosses over the dotted line then that means the stock is volatile and it is trading flat then it...
Phase Calculation was authored by John F. Elders in the Stocks and Commodities Magazine 11/1996
This indicator will tell you if the stock is in a uptrend or downtrend. A phase number with a low number means it is in a uptrend and a phase number with a high number means it is in a downtrend.
Let me know if you want to see me write code for different indicators!
This is the version of the demarker I use to trade, I think think it is originally based off of /u/hpotter's work (which is obviously based off of the work of Tom DeMarker) but I have added some things - most usefully in my opinion, the ability to highlight areas of low and high volatility.
These signals require the previous bar to close above or below the...
![AAPL: Ehlers Signal To Noise Ratio [CC]](https://s3.tradingview.com/p/PM0Z6giH_mid.png "Ehlers Signal To Noise Ratio [CC]")
