The idea is still the same as for the Simple Decycler.
Mr. suggested to virtually eliminate lag by getting rid of the very low-frequency components. So, he applied the high-pass filter to the simple decycler.
Mr. recommended to use two instances of the Decycler Oscillator with different parameters (high-pass filter period and multiplier). As a result, he got the Decycler Oscillator pair.
The first oscillator (red line) has a period of 125 bars, the second one (yellow line) has a period of 100 bars.
The interpretation is straightforward:
- When the yellow line crosses over the red line, a trend reversal to the upside is indicated.
- When the yellow line crosses under the red line, a trend reversal to the downside is indicated.
A list of Paid indicators:
Toss a coin to your witcher:
decosc = 100 * k * _hp(decycler, hpPeriod, 0.5) / src.
It makes no sense to have a high pass filter at half the period at which the decycler was calculated. It's like calculating for longer cycle periods and then removing them with the high pass filter.