The Dominant Cycle Tuned Bypass Filter was created by John Ehlers
(Stocks & Commodities
V. 26:3 (16-22)) and this is a particularly unique indicator because this does a pretty good job at predicting the future stock movements. If the blue line crosses over the red then a few bars from now the stock price will most likely go up and if the blue line crosses below the red then a few bars from now the stock price should go down. Since this is such a unique indicator to use with entry and exit points, I don't have them color coded but try this out and let me know what you think.
This was a special request so let me know what other scripts you would like to see me publish or if you want anything custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.